Nzdusdtrade
NZD/USD SELL IDEAhey tradomaniacs,
welcome to another free trading.setup.
Notice: This is meant to be a preparation. As always we will have to wait for a confirmation!
NZD/USD: Daytrade-Preparation
Market-Sell: 0.66680
Stop-Loss: 0.66830
Point of Risk-Reduction: 0.66560
Take-Profit: 0.65920
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
Always add your brokers spread to the stop-loss!
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Peace and good trades
Irasor
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Price action still looking like a SELLHi Traders,
USD pairs haven't really shown much development for high probable positions yet, however they still are moving within corrective structures which in my opinion are forming the next impulsive phase.
Until I see more bearish price action, I will sit aside and wait for the perfect entry.
What's your thoughts on USD pairs?
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Trade Safe !
NzdUsd- First up, then down to 0.65After a recent low of around 0.6550, NzdUsd has started to recover and now is trading 100 pips above this newly formed support.
The trend for this pair si down and at this point, we can be in the middle of an ABC type correction.
Above 0.67 is strong resistance and traders can look to sell in that zone for a good R:R trade
NZDUSD, let's set Stop ProfitWe are doing a very good trading on NZDUSD , pointing straight to the MML above Fibonacci 38.2%.
The price felt the new half year cycle and the MCS gave us the right signal at the right time.
The time has come to set the Stop Profit and save the position by closing yet another trade in gain .
New Stop Profit 0.6574
NZDUSD | The best target for climbing♻️Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2 and 3 are completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of wave y, and from this wave c, waves 1, 2, 3, and 4 have ended, and wave 5 has descended beyond what we expected.
Based on our count, we see the next move ascending and consider the trend ascending until the field point (Fibonacci 0.618) is broken down.
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NZDUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDUSD where to look for buy opportunityNZDUSD is trading with a larger timeframe channel. Price is now approaching the support of this channel. I predict it to rise from the support level.
I will wait for bullish reversal confirmation for long positions to the resistance of the channel.
In the case where the support gets violated to the downside and see bearish continuation market structures, I will not be interested to enter any position.
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NZDUSD | Small correction♻️Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4.
Wave 4 is very long in terms of time and is in normal condition in terms of Fibo.
We think this wave is complex and from this complex wave the y wave is being completed.
We are inside wave c of wave y and from this wave c is formed waves 1, 2, 3 and now wave 4 has started; we thought wave 4 was flat, but according to the current trend, we give the possibility of zigzag and from this zigzag an ascent. All that remains is to continue around the ceiling of the orange channel and then descend for wave 5 of the main wave c, and this decline is confirmed if the marked red circle is broken downwards.
If the Fibonacci retracement of 0.618 breaks at the price of 0.70000, it can be concluded that the correction process is complete and the leading waves are forming.
Also, a further drop from Fibonacci 0.618 would be very unusual.
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NZDUSD SetupNZDUSD is trading in a bullish parallel channel on shorter time frame. We are expecting bulls to take charge and push the price to new highs.
Alternatively, this is a bearish flag in making on daily time frame. If bears manage to break the price below, the flag pattern will come into play.
Trade your levels accordingly.