Nzdusdshort
NZDUSD | The best area for 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 the count we had, and in our opinion we are dealing with a leading pattern, this pattern has definitely formed its waves 1, 2 and 3, and now we doubt the beginning of wave 5 and the end of wave 4.
Wave 4 has lasted longer than expected because its structure is complex
And is relatively normal.
In general, we give the probability of starting the next wave, that is, the beginning of wave 5.
In our opinion, all this recent ascent is related to a wave 1 of wave 5, and we are waiting for the correction for wave 2 at the specified point.
If this correction is confirmed if the trend line is broken downwards, this correction may end at its maximum point of 0.6500.
If the specified Fibonacci range is broken upwards, correction may be made on the upper side of the orange channel.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
NZD/USD Short EntryHey Guys!
The current daily bias on the Nzd/usd is short. Or in other words, price is likely to reach 0.6591 before reaching 0.6924.
So I enter a short entry at 0.6850 on Thursday with a stop loss at 0.6924 and its main target at 0.6720.
In this video, I explain the reasoning behind the short entry as well as future trade management of this trade.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
Sell limit NZDUSDWhat I see:
- The safest place to sell is where the strongest resistance zone is which is around 0.68568.
- Price has rejected from the resistance zone 6 times.
- Price has rejected from support zone 4 times.
- The same support zone turned into a resistance zone rejecting price twice. So a total of 6 rejections.
By the time price reaches the white horizontal dashes, price should pivot towards 0.67325.
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 !
NZD/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Preparation
Notice: Waiting for a breakout!
Market-Sell-Order: 0.66960
Stop-Loss: 0.67140
Point of Risk-Reduction: 0.66840
Take-Profit: 0.66330
Stop-Loss: 18 pips
Risk: 0,5% -1%
Risk-Reward: 3,5
Always add your brokers spread to the stop-loss!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
NZD/USD hit our TP2 and new entry added to catch 150 pips- We put this short setup at 0.68000 as this was the last major supply area.
- price already fall 100 pips and hit our second target.
- Price broke last major support area nearly at 0.67000.
- Now we will wait for a correction to 0.67000 or 0.67400 as a max correction.
- If we have a confirmation from candlesticks psychology we may put another short setup.
Long term short Hello traders,
Let’s look long term on this pair;
As you can see we have a clear market structure and the price is making now a new HL.
The 60% fib is also there; at this point I think the price will drop for a new LL.
This is long term in investment; it’s very important to have a good money management and always use stop loss.
What do you think about this w?