Nzdusdbuy
NZD/USD MAJOR BREAKOUT!Price has been travelling in a pennant and inside it price was travelling also in an ascending channel. Price has however broke out of both of these structures to the downside and has now come back up to retest the pennant indicating a big short trade coming up. While breaking out price has also formed a descending channel marked out in black, we just saw the retest at the top the channel also indicating a short trade coming up. Target is shown above!
NZDUSD Will continue to fall?The model we see in the daily period is a classic model of Double Top- two consecutive peaks in price then breakdown, At this moment we are on the line of Tenkan Sen that gives support to the NZDUSD, Our signal is taking advantage of this support and open buy position! in case it continues to fall will reverse our position and take profit will be 0.6760
Buy NZD/USD
Entry Price: 0.6847
Stop Loss: 0.6820
Take Profit: 0.6990
NZDUSD - WEEKLY SWING - 06. FEB. 2019WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 30 JANUARY 2018
1 HOUR
Bearish price movement into our blue region3
4 HOUR
Strongly bullish moving market with several pullbacks
DAILY
Reacting to previous Highs and resistance
LEVELS
BUY NZDUSD
ENTRY @ 0.68540
SL @ 0.68090 (45 Pips)
TP @ 0.69230 (70 Pips)
RR: 1.50, 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!!
FOREX: NZDUSD - SWING - 23. JAN. 2018WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 23 JANUARY 2018
1 HOUR
Strong bullish movement into 50-61.8% Resistance Area, expecting a turn now!
4 HOUR
Bearish Waving market with a strong pullback now, good entrys
DAILY
Bearish market with several pullbacks
LEVELS
SELL NZDUSD
ENTRY @ 0.67950
SL @ 0.68370 (40 Pips)
TP @ 0.67440 (50 Pips)
RR: 1.20, normal swing trade!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
FOREX: NZDUSD - SWING - 16. JAN. 2018WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 16 JANUARY 2018
1 HOUR
Strong bearish reaction to previous resistance
4 HOUR
Looking H4 to find support right now taking out several long holders
with stops below previous lows
DAILY
Overall bullish structure with a few pullbacks, following bullish movement
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
BUY NZDUSD
1ST @ 0.67740
2ND @ 0.67680
3RD @ 0.67620
SL @ 0.67210 (45 Pips)
TP @ 0.68240 (55 Pips)
RR: 1.30, normal swing trade!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
NZDUSD Long DailyLooking for a Long on NZDUSD (possibly the 5th wave)
Reasoning for the trade:
1. Break of daily trendline followed by corrective price action
2. Test of horizontal resistence that may act as support
3. Test of area that should have latent orders that require filling
4. RSI oversold, testing 40 on Daily
5. A recovery in Crude prices will help NZD recover aswell (because New Zealand & Australia are energy producers)
6. Testing fibonacci 50% mark which is common at the termination of the 4th wave
7. News is clear until JAN 22 CPI (this may be seen as a reason against the trade also bc no news catalyst)
Projections are 1.27% of the total move from the lows.
Reasoning against the trade:
1. We may have more downside as the area of latent orders has just been touched
2. Asking the NZD to move up this much would imply a move down in the USD -- this must be your thesis if you take this trade.
R:R is good, and is worth the shot.
Money management:
take 50% @ 1:1
after 1:1 may move stop to lows created within the BUY ZONE
take 50% @ target
NZD/USD - Good SupportATM we are nearing the Support level of 0,67550. If that Support level holds we could see a raise to the first Resistance level of 0,68150. We could see a small pullback before raising further to the second target of 0,68425.
Entry: 0,67550
TP1: 0,68150
TP2: 0,68425
SL: 0,67495