Nzdusdtrade
NzdUsd- 0.71 is very strong resistanceI'm sure of a lot of you, and I included, was wondering when NzdUsd bull run will end...
And now it can be it.
After the first touch of 0.71 and a drop, Kiwi had a new attempt yesterday to rise above and reversed violently putting in a strong long-tailed reversal candle on our daily chart.
At this moment rallies should be well capped at 0.71 and possible corrections of yesterday's drop could be a good opportunity for bears.
A drop under 0.7 should accelerate losses and 0.68 could be a good place to book profits
NZD/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
NZD/USD: Daytrade-Preparation
Market-Sell: 0,70545
Stop-Loss: 0,70725
Point-Of-Risk-Reduction: 0,70420
Take-Profit: 0,70255
Stop-Loss: 18 pips
Risk: 0,5% - 1%
Risk-Reward: 1,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
NzdUsd- will it finally correct?The combination of weak usd, strong Nzd brought NzdUsd well above 0.7.
The rise from 0.68 is in a rising wedge though, signaling the loss of power.
Yesterday we have a spike above 0.71, quickly reversed, and this time we can have a top in place, at least for short term
A break under short term support 0.7050) would be confirmation for incoming correction and NzdUsd could fall to the bottom of the pattern
NzdUsd- Correction is inevitable at this pointSince its 0.65 zone recent low, Kiwi had quite a run up with the pair gaining around 8% (which is a lot in terms of currency)
Now the pair looks tired with new highs marginal and making a rising wedge
I believe we will have a correction sooner rather than later and I'm looking to sell this pair
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Buy-Limit: 0,70080
Stop-Loss: 0,69895
Target 1: 0,70290
Target 2: 0,70380
Target 3: 0,70545
Stop-Loss: 18,5 pips
Risk: 0,5%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
just for education nzdusd analysisthis is just for education you can see this analysis only trend line can give you a good prediction of market
i want to say that if you use one system do not left this system until you not succeed in that so you can see only trend line is enough
i hope you like this (love you double)