NZD (New Zealand Dollar)
2nd attempt to short GBPNZD .. the week of 09 Sep 2024My 1st attempt had failed, perhaps partly due to incorrect identification of support/resistance.
Entry - approx. 2.1200 (deliberately late to be under the 20sma on H4 time frame)
Stop - above the recent high at 2.1330
1st target - 2.0900
Possible potential to take this down to 2.0600 region
(The outcome of this trade really depends heavily on the 2.1250 area holding as resistance).
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
NZDCAD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.834.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.831 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 91.562 area.
✅LIKE AND COMMENT MY IDEAS✅
GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.125 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/NZD pair.
✅LIKE AND COMMENT MY IDEAS✅
Buy EURNZD Bullish ChannelThe EUR/NZD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of well-defined channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 1.7975, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.8084
2nd Support – 1.8145
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Bearish reversal?EUR/NZD is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as a pullback support.
Pivot: 1.80689
1st Support: 1.78283
1st Resistance: 1.82383
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?NZD/CHF is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 0.52360
1st Support: 0.51450
1st Resistance: 0.52833
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPNZD: Bearish Continuation & Short Signal
GBPNZD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry Level - 2.1293
Sl - 1.1356
Tp - 1.1167
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Shifted bearishFrom the bullish market price mitigated the 4h order block at 0.84736 and reduced to provide us with displacement. The shift engineered a flip to supply zone for a bearish distribution. With the two break of structures in hand, this data tells us that we have a strong bearish market. Looking for a hike to sweep the liquidity and mitigate the rejection block for a clean bearish entry at 0.83955, with stop loss at 0.84355 and our target at 0.82155…
GBP/NZD Made Double Bottom , Are You Ready To Go Up With It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/CAD- 4hrs ( Sell Trade Target Range 150 PIP ) Pair Name : NZD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bearish Reversal
0.83250 Area
Reasons
- Major Turn levl
- Visible Range hvn
- Channel Break
- Choch Zone
- Day / week low
Bullish Reversal
0.81500 Area
Reasons
- Major Turn level
- Pattern Target
- Choch Zone
- Quarters Area
- Fibo Golden
GBP/NZD Fully Closed +250 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/NZD Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist GBP/NZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Bearish drop?NZD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.52263
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
Stop loss: 0.52833
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.51449
Why we like it:
There is a pullback support level which is slightly above the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Gbpaud a big u turn on the price,oHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Gbpaud managed to break higher and watching for long setups.bis to the upside
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
NZD/USD: Traders Eye Short Setup After Key ReboundThe NZD/USD pair saw a strong recovery from its intraday low of 0.6170 during Wednesday’s New York session. The New Zealand Dollar (NZD) regained some ground as the US Dollar (USD) struggled to maintain its upward momentum, having recently corrected from a fresh two-week high. Investors are now eagerly awaiting the release of the US Nonfarm Payrolls (NFP) report, the highlight of a data-heavy week for the US economy.
From a technical standpoint, the price had already rebounded from a key Supply area, and after today's short recovery, traders may find an opportunity for a potential short setup. This pullback could be seen as a chance to enter the market by setting a Sell Limit order or entering directly to take advantage of the correction. The Commitment of Traders (COT) report reveals that retail traders are increasingly aggressive on the long side, while Smart Money appears to be reducing its positions, signaling a possible bearish trend.
Additionally, seasonality data further hints at the potential for a bearish move in the near future. With several factors aligning, traders may be preparing for a potential downside in the NZD/USD pair, making this pullback an attractive opportunity for short positions.
✅ Please share your thoughts about NZD/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
GBPNZD SELL TF H1 TP = 2.1014On the H1 chart the trend started on Sep. 5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 2.1014
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade