Newzealanddollar
💵New Zealand Dollar/Japanese Yen 💵 Analyze(Short term)!!!New Zealand Dollar/Japanese Yen is running inside the resistance lines. Also, it can make a Bearish AB=CD Harmonic pattern in my PRZ(Price Reversal Zone).
I expect that New Zealand Dollar/Japanese Yen will go down at least to the Trend line and support zone.
🔅New Zealand Dollar/Japanese Yen Analyze (NZDJPY) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NZD/USD Next MoveTechnical Analysis Chart Update
NZD / USD ( New Zealand Dollar / U.S Dollar )
Time Frame - H1
FALLING WEDGE Pattern in Short Time Frame #STF and Rejection from the Lower Trend Line #LTL
Strong #SUPPORT Level
It is also Following #ELLIOT_WAVES in Short time Frame and it has completed the Impulsive waves will follow the Corrective Waves now
Strong Buying #Divergence in #RSI
DOUBLE BOTTOM Pattern in Long Time Frame #LTF
NZDUSD - 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
EURNZD: Confirmed Breakout 🇪🇺🇳🇿
EURNZD broke and closed above a key weekly supply zone.
The next goal for buyers is 1.655 resistance now.
Wait for an occasional retest of the broken structure to buy.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDCHF About to break the 1D MA50 towards a new High.The NZDCHF pair has been trading within a long-term Channel Down pattern since the February 25 2021 High. The last Lower Low on the Channel took place on July 01 2022 and that Low was re-tested on August 29, which held, making the Support so far a Double Bottom.
The 3 day rebound is now testing again the 1D MA50 (blue trend-line) for the 4th time in the past 2 weeks with strong probabilities of breaking out not just due to the Double Bottom but also due to the 1D RSI and MACD indicators. Those show that the current rebound is similar to the one that started on February. A break above the 1D MA50 can kick start the new bullish leg to the Lower Highs (top) trend-line of the Channel Down. Moderate target would be the 1D MA200 (orange trend-line).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
NZD-JPY Wait For Breakout! Sell!
Hello,Traders!
NZD-JPY is trading in in a range
And the recent price action is bearish
Because the pair seems to be trying to break
The support so we are watching it closely
And IF we see a bearish breakout of the range
Then the price will go further down
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
NZDUSD - 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
NZDCAD 1D MA50 is the key. Sell below, buy above.The NZDCAD pair has offered us an excellent pattern for a sell high/ buy low plan on our previous analysis more than two months ago:
As you see, we were successful on the sell exactly on the 1D MA50 (blue trend-line) rejection and the buy on the Lower Lows trend-line of both the Megaphone and Channel Down patterns.
Right now there is a conflict as to where we could be in relation to the prior formations. This may be a quick accumulation below the 1D MA50 similar to July 30 2021 (green circle) or a failure below the 1D MA50 similar to April 15 2022.
The 1D MA50 can give the solution to this. As long as 1D candles close below it, the action is a sell targeting first the 0.79100 Support and the 1.5 Fibonacci extension (0.7745) as part of a new Lower Low formation. A closing above the 1D MA50 though, should be taken as a bullish signal, targeting the 0.8250 Resistance and potentially the 1D MA200 (orange trend-line).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
GBPNZD Excellent buy level for a rally to the end of the yearThe GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High:
The initial rebound after the August 12 Low is seeing a pull-back in the last 10 days and that may be the perfect opportunity for those who missed it, to buy again. Our long-term target for the end of the year is just below the 0.786 Fibonacci retracement level at 2.010. Those who seek more risk, there is also the Symmetrical Resistance if the Triangle breaks to the upside.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
AUDNZD: Important Structure Breakout 🇦🇺🇳🇿
Important thing happened this night on AUDNZD pair:
the price broke and closed above a wide daily supply area.
The broken structure turned into a support now.
The next goal for buyers is the narrow area around 1.128 level.
It is based on a key monthly structure and 5 years' high.
I will be patiently waiting for an occasional retest of the broken structure to buy AUDNZD.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
AUDNZD | ShortThe AUDNZD currency pair has moved in a very strong and long time side trend (about 9 years) and is currently approaching the ceiling of this side area, so the probability of the price return from this area is very high. .
Don't forget to place your stop loss outside the upper side line and at a relative distance.
EURNZD remains a sell option below the 1D MA50The EURNZD pair continues trade on a bearish trend following our latest analysis last month. The price remains below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) and within the long-term pattern of the Channel Down since the August 20 2020 High, it is aiming for at least the 1.5600 Support.
The Buy Zone of the Channel Down is located right below the Support. A buy there offers an excellent Risk/ Reward ratio targeting the 0.5 Fibonacci retracement level (1.6491) but a break below the Channel Down, should see us taking the loss and shifting back to selling as based on the 2020 fractal, the price can go as low as the 1.618 Fib extension (1.4500).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
NZDUSD: Important Structure Breakout 🇳🇿🇺🇸
NZDUSD broke and closed below a wide demand area.
The broken structure turned into a supply zone now.
I will expect a bearish move from 0.6185 - 0.624 area.
Next support: 0.606 - 0.611
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDUSD H4, BREAK CRITICAL POINT 0.6212 To 0.6191 & 0.6184NZDUSD Break critical level at 0.6212 and Fibo 61.8% at 0.6216.
Break Below 0.6212 then Open The Way To 0.6191 & 0.6184.
Break Below 0.6184, then Open The Way To 0.6147.
Strong Support At 0.6060. If Break, Bearish Continue.
But Hold Above 0.6212, Open The Way To Rebound To 0.6264.
Resistance At 0.6312 & 0.6371.
Strong Resistance At 0.6468, If Break, Bullish Continue.
AUDNZD: Bullish Setup Explained 🇦🇺🇳🇿
AUDNZD formed a huge head and shoulders pattern on 4H.
The price has just broken and close above its neckline
I expect a bullish continuation to 1.1138 level now
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️