The NZD/USD pair has broken its trend line. It can invigorate short covering by the bears. Hence we expect the pair to move to the resistance levels of 0.67176 from here.
Buy NZDUSD above 0.666 T1: 0.6745 T2: 0.6850 T3: 0.7000 SL: 0.6660
The 1 hour chart of NZD/USD has formed a bullish cypher pattern. So, it is expected to be bullish for short term and would reach the target
LOOKING AT THE ANALYSES OF THE WEEKLY CHART SUPPORT LEVEL HAS BEEN MET AND NOW WE LOOKING FORWARD FOR BULLS TO TAKE CONTROL TRADE WITH CARE
we got couple of reasons to buy this pair firstly, we got proper gartley pattern secondly, the stochastic crossover thirdly we could consider that last buy candle to hammer Happy Trading :)
It is a beautiful range sandwiched between Pivot Points. It will be a simple point of trying to short. << tactics >> 1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry. The first limit is WePP (P) 0.67879 The second limit is WePP (S1) 0.67351 2) If you penetrate MPP (P) upwards, wait for a long entry opportunity. Please note that...
RSI needs to cool down on lower time frames. i am not trading it. A close below redline is short with green as targets. Dyor
I AM LOOKING A NICE PULL BACK ON SELLERS TERRITORY FROM 1 HOUR NOW PRICE IS ON BOTTOM OF THE RANGE FORM WEEKLY SO NEED TO BE CAREFUL BUT I THINK WE CAN MAKE SHORT PROFIT FORM IT LETS WAIT NOW CURRENT CLOSED CANDLES SHOWING THAT BUYERS ARE TOO AGGRESSIVE SO NEED TO WAIT FOR THEM TO SLOW DOWN .
<< tactics >> If YPP (S1) functions as a support line, think of a long. The first limit is WePP (P) 0.6800 The second limit is WePP (R1) 0.68411 Since it is a weekend, be careful that WePP will update on Monday. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly...
Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick. weekly The current position is a difficult place to hit the YPP (S1) and the trend line. Because it is a range market, I'd like to think about long at the bottom of the range. However, as far as EMA is seen, the closest direction is down. Therefore, long...
New trading suggestion: *The price is in a downtrend and we forecast the downtrend would continue. *There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to ...
as we can clearly see nzdusd 1 hour is on sell market buyers did there last attempt after v formation i am good to go
Points to note: 1. Price at support and momentum at bearish area with rejection from trendline 2. Previous flag breakout failed and hence formed a potential cup and handle 3. D candle is indecisive 4. Price is at support of last two years, breaking will create havoc 5. Blue lines show potential supports.
Hi,Trader There is a end of this bigger corrective structure with lower and higher degree of 5th wave and C " wave respectively. After reaching the level we will look for a new impulse. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !