Nzdusdsetup
NZDUSD - Monday Full Analysis BreakdownWelcome traders to a free top down analysis breakdown.
Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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Trade Safe
Alpha Trading Group.
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Buy-Stop-Order: 0,72865
Stop-Loss: 0,72500
Point Of Risk-Reduction: 0,73150
Take-Profit: 0,73580
Stop-Loss: 36pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZDUSD BEARISH TRADE ANALYSISNZDUSD has completed a five-wave impulse move on the higher degree and a three-wave correction is expected to follow an impulse move according to the EW principle.
The reversal is already in place as the price is making i-ii, (1)-(2) wave sequence. This kind of structure usually leads to a strong impulse decline in wave (3) of iii.
Trade Plan:
1. Wait for the break of the green line for sell confirmation
2. The trade setup will be invalidated if the price breaches the red line, so we have our Stop Loss there.
Do you want to learn how to spot this kind of setup? Kindly send me a DM.
Best of luck on the chart,
Veejahbee.
NzdUsd- Correction is inevitable at this pointSince its 0.65 zone recent low, Kiwi had quite a run up with the pair gaining around 8% (which is a lot in terms of currency)
Now the pair looks tired with new highs marginal and making a rising wedge
I believe we will have a correction sooner rather than later and I'm looking to sell this pair
US Election - NZDUSD Sell Trade SetupA week of high-volatility ahead of us in the FX market as the US presidential electio n is only a few days away. Sharp and unexpected price movement could happen around the time election results are announced and days after. So stay vigilant and trade safely.
As you know I'm a pure technical guy! I don't care what the news says but rely on the pure price action for my trading decision. There is a lot of high-probability setups I'm watching this week but I would like to share the NZDUSD now.
After the strong impulsive decline on NU, the price has been trading sideways and it contained within a parallel channel. The upper boundary of the channel has been tested about four times and also rejected a strong S&R level.
I will be expecting further weakness on this pair in the days ahead. I will wait for the break of the green line for entry and my stop at red lines for both conservative and aggressive stop placement.
What are you looking at this week? Will you be trading? Let me know in the comment
Regards,
Veejahbee.
Short NZDUSDThere is the possibility that the first uptrend with the Ending Diagonal pattern ended in the range of 0.6797.By crossing the price range of 0.66011, the completion of the Ending Diagonal pattern is confirmed, we can hope the continuation of the downtrend extends up to the first target of 0.6380.
NZDUSD Trade Plan: Short After Correction is CompletedNZDUSD declines in a five-wave impulse pattern from the red level on the chart. According to Elliot Wave theory, a three-wave retracement follows every impulse move before price resumes in the direction of the impulse.
As long as the price stays below the red level on the chart, I will be expecting further decline on NU once we see a decent corrective move.
What's your thought on NU? Kindly let me know in the comment.
Thank You.
Veejahbee.
NZDUSD*ENG*
- Price hitting our supportive zone, we are expecting a reversal from this area.
- If price breaks, look for the retest in order to enter short.
*PT*
- Preço a atingir a nossa zona de suporte, estamos a aguardar uma possível reversão neste nível.
- Se o preço quebrar, aguardar pelo retest em ordem a entrar short.
NZD/USD BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Market-Buy-Order: 0,66430
Stop-Loss: 0,66070
Take-Profit: 0,67050
Stop-Loss: 36 pips
Risk: 0,5% - 1%
Risk-Reward: 1,77
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)