Nzdusdshorttrade
NZDUSDNZDUSD is Currently in a Down Trend and Playing Inside Trend lines (Falling wedge) . The Point where Price is right now is not Good to Short the market as every Trader Must be Shorting it out here So Look For Opportunities to Sell the Market from Upwards Correction , which would be a Preparation to Go More Down !
NZDJPYSince 19th January NZDJPY is falling Smoothly . For now i see a little upwards Correction and it will continue its Journey Downwards !!
NZDUSD 0.68156 + 0.68% SHORT IDEA * PRICE ACTION & CORRECTIONHEY EVERYONE
Here's one on the NZ DOLLAR / US DOLLAR PAIR that rallied up with the bulls broke the resistance level 0.68106 now support as the pair retested this structure likely signalling continuation with the bull but i'm targeting a correction of this move to the upside as the pair is overbought on most indicators and is showing signs of slowing down in momentum will be approaching this one with pending orders and if possible tight stop.
for entries we scale down to smaller time-frames to determine entries and so forth.
many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
here's some of my rules if they help.
1. look at structure be it descending channels, pennants and so forth.
2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation.
3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term.
4. aggressive trades can be executed on the pull back
5. price action must definitely align with the plan.'
6. structure definitely
7. the 20 EMA must be respected as support / see a bounce at this structure
8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan.
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
NZDUSD Short 21-day SMA near 0.6645 offers immediate resistance to the pair ahead of the early August month’s top near 0.6690. On the contrary, the pair’s current trading momentum seems to drag it towards 0.6595 support comprising 10-day SMA.
NZDUSD swingSo many confluences to make me go short on this, third tap on the inner structure trend line with the possibility for a retest on the outer trend line, trading at a key resistance area and at the .786 fib retracement. Will be shorting at a retest of the fib or the trend line. if it gets there corrective it will only add more confluence to go short. Will be targeting the low of the wick as wicks needs to be filled for a target of 1200 pips, then to either of the two fib extensions after that. This is a swing trade so going to be holding this trade for a while upon entry
NZD/USD SHORT OPPORTUNITY (4 HOURS):If NZD/USD breaks below the reversal zone, we are looking at a massive short down. Stops above previous highs.
NZDUSD: short from 0.604The big bearish movement on #NZDUSD has yet to come.
We have waited for it to 0.61100 area with the last idea (that is still valid).
In the meantime, another selling possibility is creating now.
0.60 (or 0.60460) could be the Elliot Wave point 5 confirmation.
Entry: 0.604
SL 0.61125
TP 0.5844
NZDUSD: short it if...Possible Short trade on #NZDUSD
We have to wait for the Elliot wave to be confirmed in point 5.
As 0.62 touched (that's Fibo 61% and a Strong Resistance) we can go short BUT let the price breaks the trendline first.
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Entry 0.62
SL 0.62575
TP 0.5905
NZDUSD Bearish Head and Shoulders PatternNZDUSD short intraday trade opportunity off this head and shoulders pattern and lower highs
Is NZDUSD going down on the back of US China pos news?Im short NZDUSD going down on the back of US China pos news details on the chart.
NZDUSD short setupHi traders,
this is my setup for NZDUSD for the next week.
I will open 3 positions with 3 different targets at the fibonacci retracements.
The price is overall in a uptrend at the daily timeframe, so we will take some Pips with the correction.
Have a creat trading week.
Stefan Forex
NZDUSD TRADE IDEANZDUSD - looks like short-term down (30-50 pips), then up, but let's see..
Price gets rejected from the H4 resistance level, which can send the price back to the H4 support level(s) - 0.6800, where I'll be looking for long opportunity.
If price (directly) break above the resistance level, I'll be looking to take a long above 0.6850 with 1st target 0.6900, then I'll be make my setups to wait for TP2 0.6950 (moving stops and booking some profits) and 0.7050 as a main targets.
Even I can took a small short on H4, not to make money, but for fun (pips hunting, and not for making money).
NZDUSD SELL 0.6833
SL 0.6853
TP 0.6803
NZDUSD BUY AT 0.6800 (or earlier if price get rejected before hitting 0.6800 on H4/ H1)
SL (probably) 0.6750 (I will set the SL when (if) I have clear buy on H4)
TP 0.6840
TP2 0.6880
TP3 0.6950 (main target)
NZUSD BUY ABOVE 0.6850 (if price goes directly up above the resistance)
SL BELOW the candle that breaks the 0.6850 level
TPs are the same
It's my trading plan. I will make it more clear probably on Monday around London or US open, it depends :)
www.trade-insider.com
NZDUSD GREAT ShortNo surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next bearish engulfing candle on the 4hour or daily chart and go short with a Stop loss 10 pips above the new resistance channel.
As this being normal in the NZD, price could drop quick. Get in while you can to make sure you dont miss a fast 100 pip move
NZD/USD Short IdeaThis idea is for educational and study purposes. Trade at your own risk. Past results do not guarantee future profits.
NZD/USD appears to be at the end of a flag/retracement area. I anticipate that price will rally back down towards the neckline of the head and shoulders pattern. The take profit area is a major level of support. The flag is being contained in a nice channel. If price continues in this manner I anticipate a stop loss at most the 23.6% fib level which does not pose a great deal of risk in relation to reward. If this idea is correct, approximately 100 pips can be gathered on this small run, before price makes its next move to higher levels.
NZDUSD - Weekly Chart AnalysisSimilar to monthly structure. Price has reached a critical point in the structure. Ideally, I would like there to be a break of trend support before there is any kind of retest of daily support/trend support. Looking for either a break of the neckline (conservative) or a break of trend support (aggressive) for the pattern to be activated. It seems that this pair is very sensitive to U.S. news, so trade with care.
NZDUSD July 17 - Technical Analysis - bearishNZDUSD reach channel down resistance, its time to enter short position with target at channel down support (0.6802)
if we take stoploss level above Sept'2016 resistance (0.7486), This setup aim for 565 pips with 4.7 R/r ratio
Looking for a Short Trade on AUD/USDAUD/USD is testing the high of 30-06-2017 which is a strong resistance zone, also two harmonic bat patterns are there which indicates this pair can fall to 0.74 level, looking for a short entry
Entry @ market price
SL 0.7740
TP 0.7580 & 0.74
Please implement your own due diligence before trading.
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