NZDUSD approaching resistance, look out for potential reversal!NZDUSD is approaching its resistance at 0.66118 where it is could reverse down to its support at 0.65630.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Nzdusdbuy
NZDUSD - PUMP UP - BULL COMINGNice Bullish move about to unfold.
With good risk to reward ratio.
MACD & Stoch RSI showing Hidden
Divergence. For Elliot wavers, this
could be Wave 5 forming.
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
BULLISH MOVE AFTER RETRACEMENT ON NZDJPY We have seen price show continuous bearish momentum on this pair. Price reached a critical point of support before it started it's bullish ascend. i will be looking for price to pullback around the price level where it currently is and retrace at least potentially 50% of the bullish move before price continues to move bullish . I will looking out for bullish divergence aswell.
Red line - SL
Green line - TP
Grey line - Entry
Risk exposure - 1%
Risk to reward - 1:2
If you want to learn how to trade and pick profitable set ups on a consistent basis. Send a message and don't forget to hit that follow button!
Happy trading
NZDUSD LONG!Dear traders,
So as you can see we expect NZDUSD to go long. We think it will go long because the markt is now in a strong weekly/daily demand zone. If you zoom in on the daily chart you can see we are now also in a strong buy order zone that’s been filled with the spike.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken and created a nicely “w formation”.
For take profit levels and stoplos check our telegram group: t.me
NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group:
What can you expect from us in the telegram group?
-A watchlist video. This will be uploaded every Monday in the morning.
-Trade setups. We only share high probability trade setups.
-At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group.
- Mini lessons about our strategy and mindset
Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me
So, we hope you will enjoy this whole idea and that we will grow together!
Team Equiy.
NZDUSD - SWING - 13. MAY. 2019WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 13 MAY 2019
1 HOUR
Bearish market found support and holding right now!
4 HOUR
Waving market need a pullback to the upside..
DAILY
Good bullish reaction to this level last week expecting some strong movement.
SWING SETUP
BUY NZDUSD
ENTRY @ 0.65760
SL @ 0.65290
TP @ 0.66870
RR: 2.40
(Use normal Risk!)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
New Zealand Dollar / U.S. Dollar NZDUSD to BUYTwo weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI .
This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history.
Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.