We are looking for down move on NZDCAD ... Trade with care
NZDUSD is approaching our first resistance at 0.6969 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where price might drop to our major support at 0.6841 (50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high...
NZD looks like it is going to depreciate against other major currencies.
NZD looks like it is going to depreciate against other major currencies.
Quick short on NZDUSD, with multiple confirmations for short setup including RSI divergence, Rising flag, and Head and Shoulders
I'm really liking the look of this projection for an impulse wave UP for NZDUSD. The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game. Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs. I'm going to jump in and...
4 hr chart of nzdjpy, potential short when price consolidates forming a rising wedge which is a reversal pattern. daily time frame also showing to be oversold with stochastic,
Potential short position soon @ .92464 which would form a double top on the weekly trend daily tdi looks almost oversold
Hey! Despite CHF "crash", NZDCHF offers us a trade opportunity - SELL trade criteria: - Two trendlines should act as a resistance. The fat black line is more important than the tiny one above of it. - The orange line should act as a resistance level - The round number just above those levels 0.69000, which also should act as a resistance and it also should work...
Buy Opportunities As explained yesterday's live trading session, we were waiting for price to close above consolidation on the 1H & 4H timeframe. Price has confirmed that movement. We now wait for pullbacks and signs of a reversal to take price to 0.91625. View the chart for more detail. Please wait sellers' exhaustion which is typically show by wicks...
price is at the support of this ascending channel, looking for price to continue this trend.
Hello everyone. AS we can see, NZDUSD has upside potencial, If we look at our timeframes we can see that no one is on the overbought zone yet, the price is moving sideways for quite a while now. The price looks like its rejecting the 68600~68900 zone and looks like its forming a pin bar on the weekly timeframe. However if we look and NZD FUTURES chart (full...
tdi shows overbought from daily timeframe down, entry shown on chart same for tp, small drop and rise would lead to multi session W back upto form a lower high to continue downtrend
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 0.695 - 0.699 levels and move towards the first Target 1 level @ 0.68 FX:NZDUSD Trade Management Entered @ Sign up for details Stop...
NZDAUD bounced nicely off its support at 0.9487 (horizontal overlap support, 61.8% fibonacci extension , 38.2% fibonacci retracement ) where it could potentially bounce to its resistance at 0.9523 (horizontal overlap resistance, 61.8% Fibonacci extension ). Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur. Trading CFDs on...
NZDUSD is approaching our first resistance at 0.6924 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6844 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in...
The previous trade went through the stop today, but now when looking at it, it's also not breaking up. It has formed a bearish wedge and it is still below that red resistance zone on the left. Therefore i am going to short it again. I will close 30% around the yellow circle, will move stop to entry as well when we close in on that target and i will let the rest...