I previously did a daily mark up on this pair and in my opinion, this pair is bullish. I have attached the daily mark up on below. We may see price retrace to the price level i have marked with the grey horizontal line and then move toward our take profit (green line). We also have bullish divergence forming. I would recommend only risking 1% on this trade....
EURNZD in a key area of resistance which could lead to a price fall
EURNZD has presented another good short opportunity. Looking to sell EURNZD from sell area, close position at the target area (+40-50pips). I do favour the second entry as it would create a right shoulder on the 4H. Good luck traders!
EURNZD, D1 LONG SELL. Follow Fundamental, Use Strong Money management. Use proper SL TP set.
Here is an updated chart on showing the predicted bat pattern harmonic pattern on the 1 hr chart. Price action continues to move as predicted and a recent break of the yellow trend line has given our strategy confirmation. Although, We are looking to see if price action will retest the trend before reaching our target. FX:EURNZD
We are predicting the bearish Bat Pattern to complete as shown on the 1 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets.
This pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This is a bearish signal and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. FX:EURNZD
For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an...
BUY OPPORTUNITY TLS (Trend/Level/Signal) 1. (T) Uptrend 2. (L) On Key Weekly Support Level 3. (S) Bullish Pin Bar
bulls seem to have exhausted the upward momentum on this pair. i have placed some sell order/ sell stop on the 1st line break. please trade carefully. Please share your thoughts and views on my analysis and don't forget to like it and share with others.
before reaching the grey Areas or breaking the trend lines there is no possible short entry as euro is getting stronger as a currency it self too, its quite risky to enter without confirmation but as the ladder shows, we are clearly seeing weakness in the on going uptrend
Anticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
BUTTERFLY FORM ON H4 ENTER AT 1.69418 SL....1.69800.. TP... 1.66916 OUR PREVIOUS SIGNALS USDCHF HIT TP AUDUSD HIT TP
Anticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
This could be a solid trade to the down side after forming the head and shoulder pattern. Hope you you guys enjoy this video and make sure to follow me for more video updates.