EURNZD Long Opportunity on Trendline breakout. Risk Disclaimer. Trading FX/CFDs on margin carries a high level of risk, and may not be suitable for all investors
D1 - Price broke above the downtrend line and retested it. H1 - Double wave down, price reached the 100 fibo level, bullish divergence. Currently price has broke above the most recent downtrend line. We may now look for more evidences of bullish pressure in order to join the bulls.
EURNZD has been travelling in a triangle to the downside. We entered into a long position after we saw some confirmations of trend reversal on lower time frames ,our target for the long position (RETEST) is the 0.618 of the large previous downwards impulse move. This is where we have short positions locked and loaded. we hope you enjoy some profits from this trade...
I am do big analysis here, and for now EUR going good, we can expect here much more bigger UP trend.
Ricks Your Own Profit Margin....
Hi guys, Here's a new idea regarding this pair. Thanks for your support! If you do like my ideas please add a thumb up and/or a comment. Have a good day! Trade with care. Best, Jesse
Hello guys, I hope you enjoy your holiday time! So here is an full chart of EURNZD. Currently I am short on this pair, but I am already looking for the uptrend continuation level. The secondary channel been broken and re-test so the downtrend on shorter timeframe is confirm. Overall the trend remain uptrend. I was looking for the exact level where to buy so I...
H1 - Double wave down, if the price breaks above the downtrend line then we can look for buys. We also have bullish divergence. M15 - Bearish hidden divergence, critical zone formed with downtrend line, resistance zone, 61.8 and 100 fibo level. We may expect confirmations in the form of price respecting alternative trend line and breaking below the uptrend...
market seems to have began its uptrend and is retracing back to previous structure which used to be resistances. Hopefully previous resistances becomes support when pulling back in and provides buying opportunities.Within the blue box I will be looking for buying opportunities such as higher high higher close or if more conservative a double bottom. TP comes in...
Hi guys this is another trade setup i already posted this pair before now we have another oppertunity to go long keep eye on it when it will reach to our target 1.272 then move Stop Loss to breakeven or in some profit or close it it's up to you! we'll decide what to do as per movement of market after touch 1.272 as per structure it will go more up!! Trade with care! :)
Looking at the EURNZD pair, we can see the pair has now broken through the trend line. Looking at the A.O indicator, we can also see Bullish Divergence . The pair broke above, and closed above the trend line and is now currently retesting the trend line, after bouncing off the 78.6 fib level.
Expecting one more move down (C wave) to complete the correction before continuing on the long term uptrend.
Hello traders, I am looking to buy EURNZD at the moment, it's in correction, you can place a buy limit or buy after the breakout. Trade according to your strategy. Trade with discipline.