Nzdusdbuy
NZD/USD Bullish Price Action Give Us A Risky Long Entry !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
Long Position NZDUSD 4HLong position established on the NZDUSD 4H
Price has recently made new highs
Bullish trendline touched and held +3x
Retracement to the 50% Fibonacci level
Price held at an area of previous structure support
MACD signal line just about made a new high relative to the most recent push higher by price
Bullish pin bar held at the 50% retracement followed by a higher high, higher close.
Entry price: 0.68441
Stop loss: 0.67940
Take profit: 0.69833
What do you think will NZDUSD go long?Here are the reasons why I think it might go long.
1. Creates new higher high
2. Retraced to 0.618 Fib Level
3. Touches 3 times on the trendline
4. Stoch RSI is trying to exit the oversold area
5. Upward trend in the higher timeframe
Let me know your idea in the comments below
NZDUSD LONG - Buy Entry - H4 ChartNZDUSD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: NZDUSD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Resistance @ 0.71561
Pivot Point Yearly @ 0.70035
Resistance @ 0.69774
Support @ 0.69142
Support @ 0.68767
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NZD/USD Long Entry UpdateHey Guys!
As you guys know, I took a long entry yesterday at at 0.6786 with a stop loss at 0.6774 and its main target at 0.6925.
However, last night I aborted the entire short entry at 0.6798 for 15m short strength was kicking back in .
Moreover, the daily bias for the time being is still long in my opinion. However, the nzdusd's daily bias is changing its mind by the day.
Since this mind changing is indicative of volatile markets, lets trade with care.
That's it! I'll let you know when I take another trade on this pair!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD Long EntryHey Guys!
Wild markets! As you guys know, I aborted the previous short entry 2 days ago for a small profit and just took a long entry several minutes ago at 0.6786 with a stop loss at 0.6774 and its main target at 0.6925.
This video explains the reasoning behind this long entry as well as key trade management I plan to implement.
Again, there is volatility in on this pair, so I'll keep you guys updated for any changes in trade management.
That's it! Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD New Long Setup After 4H Closure To Confirm Direction 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/USD 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/USD for the new week ahead
NZD/USD I am expecting a break out of the daily candle line marked on chart, and will probably get a retest of area then push up, I am expecting a strong 4hr resistance marked on chart, once broken through should reach TP
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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