NZDUSD (Bearish)My Bias for NZDUSD is bearish at this time.
(**Must wait for price action to further develop in order to go short**)
Nzdusd4hr
NZDUSD Sell SetupEnjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.
We have reached a major daily s/r area where market historically has had steep reversals
This would be a great opportunity to catch the trend reversal
Also we have 2 major monthly downtrend and uptrend lines colliding
Market has respected the monthly downtrend line, soon as it reached we saw a rejection twice
then market fell below the monthly uptrend line, came back up to retest and saw a rejection
We have broke and closed below the 12hr uptrend line
I want to to market go up and test my major 3hr s/r area
Currently we are just waiting for the best entry our chances look good.
NZDUSD FX:NZDUSD
Sell Limit: 0.6500 (Best entry takes the most patience)
Stop loss: 0.6560 (60 pips risk)
Take profit: 0.6275 (225 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 3.75 (225/60)
Sell Stop: 0.6465 (Only when market goes above this price will you be able to execute this order or you can use a sell limit)
Stop loss: 0.6560 (95 pips risk)
Take profit: 0.6275 (190 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.00 (190/95)
NZDUSD Sell signal setup with potential for longterm holdHeres my analysis on NZDUSD before the week gets started.
enjoy a free signal.
trade at your own risk.
SELL
Symbol: NZDUSD
Entry: 0.6065 (Sell limit)
Best Entry: 0.6085 (Sell limit)
Stop Loss: 0.611 (-45 to -25 pips from B.E.)
Take Profit: 0.5995 (+70 to +90 pips from B.E.)
Take Profit 2: 0.5925 (+140 to +16 pips from B.E.)
NZDUSD OutlookFX:NZDUSD #NZDUSD we have recently observed a price break from the inheritance wedge formation. The break from this formation did not reach the price to the upper limit of 0.6624. Resistance determined by the upper limit of the inheritance channel. The price is now close to the level of 61.8% Fibonacci, and the support set by the horizontal line.
Looking for 0.6974 level to be blown out NZDUSDLong NZDUSD
I am looking for the 0.6974 level on NZDUSD to be blown out before Wednesday 10pm EST because by this time the market will decide to consolidate. This is not a crazy trade, the set take profit is just the cherry on top for this trade but the main objective is really at 0.6974
Looking to enter at 0.69249
Stop loss is at 0.68910
Take Profit is at 0.69928
I will add updates here as the trade idea progresses.
NZDUSD 240 AnalysisBull Cypher pattern complete. Will the Greenback show weakness against the Kiwi during this news heavy week?
