Engulfing Candlestick Break Retest 2nd Retest
On a monthly timeframe we clearly see that New Zealand Dollar is the slave to the Swiss Franc. Frankly, the strong downtrend is visible from afar. We can also see those beautiful Lhs and Lls being printed. From the resistance of the falling trend, we notice a strong rejection after price lingered around the level for about 9 months and a strong bearish engulfing...
In depth analysis wave count supply zones and chart patterns wait for price coming into fresh supply and end of wave 5, this supply will support an abc corrections
We are JPY long overtime the plan is to sell highs and build a position into the determined move
After the long-term uptrend of this pair from February 2009 to November 2016 - two downtrends have formed, we are in the second wave and we hit the support level of 0.8470 which is Fibo 0.38 if we cross this support level. , We encounter the support level of 0.8330 and then the Fibonacci level of 0.5 which is 0.8031
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they...
GBP/NZD - Nice potential Butterfly pattern forming with strong bullish momentum. We've had multiple BOS with price rejecting from the 0.618 from the last retracement. (I'm using the fib extension here for profit targets) The 1.618 lines up perfectly with a strong PRZ/D point of the butterfly. Let me know your thoughts! * Disclaimer ** These ideas I never...
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
#GBPNZD Hello trader, I hope are good and safe. Today I opened the chart of #GBPNZD for 15 Min and analyzed it then I see that this chart has made a INVERTED HEAD & SHOULDER PATTERN, So I hope #GBPNZD will go up, Now Nice opportunity for long. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
Opportunity for the pair, never miss to capitalize an important move Risk $200 to gain $774 (1:3.87 RRR )
NZD FUNDAMENTAL BIAS: WEAK BULLISH 1. Monetary Policy The RBNZ underwhelmed some market participants who were looking for a 50bsp hike as the bank only delivered on a 25bsp hike as consensus was expecting. Even though the NZD took a plunge after the meeting, we don’t think markets are really giving NZD the upside it deserves after the Nov RBNZ decision. Not...
Short on NZD/JPY due to inside Daily failure candle formed at resistance level. Waiting for retrace.
Hey traders, in this week we are monitoring NZDUSD for a selling opportunity around 0.69 zone. Once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
As I said in the analysis on NJ that the Supply Zone was not a signal to short if it didn't show bearish pressure and LTF change of direction then you adapt to market movement. The zone was broken a retrace of 50% was completed and on a LTF there was a set up to go long, it reached the 1hr Supply at the extreme, again on LTF changed direction and entry was there....
Two possibilities: 1: We could see price come into the green zone and react downwards from there since we have a break of structure and rejection signs. 2: The liquidity sat above the highs could be taken and then we could see price start to distribute, once we see a clear rejection and break of structure pattern forming we can take a sell entry from there.
Price has reached a major area of resistance (looking left), along with the top of the rising channel pattern for a 3rd touch. I will be looking for a reversal from this region for price to make its way back towards the bottom of the channel as the first target, & if the pattern is broken then a full reversal is a potential scenario as well.
NZDCAD is showing my fav setup and if you look at my recent posts you can see that this setup is almost every time right so I'm waiting for it to get back in the demand zone and from there I will switch to 1min timeframe and look for my entry this is no financial advice!