When the price tag the low, then be careful because the reversal for one more impulse is possible.
Note: My charts are usually very messy, so I've re-done it and removed a lot of unnecessary indicators etc so you get the overall idea. 1D chart shows a nice clean uptrend on the EURNZD consisting of HL and HH, 4H chart confirms the last candle closed on the EMA200 line, which is also the lower channel of the uptrend (conservative entry would be waiting for a...
After a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right...
the 1.4720 zone looks to be a strong area of support so ill be looking to take a long up to my 200ema(blue). Both MACD and Momentum have been going bullish on 1h and creating higher lows where as market price has been staying low.
Both Momentum and market price are approaching resistance points. The entry point is also set at the 200ema which if broken would make the trade invalid.
Hi traders, this morning i've spotted a chance to get involved with a eurnzd opportunity. As you can see price has been falling all over yesterday, and today we found a daily structure level that seems to hold. Actually price has formed a nice looking double bottom with rsi divergence and we also put an engulfing candle at the end of it. This is enough for me to...
Afternoon traders, I trust everyone is enjoying their weekend and looking forward to the open.. here we have a great opportunity to get long on this pair in to previous structure with an attractive r:r #roadtomonaco Your comments and likes are always welcomed, thank you. www.tradingsignalreviews.com
I see Eurnzd going long since it broke a recent trendline. Inverse H&S on the Daily as well. Comment if you like/dislike. Open to other ideas :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position for at-least 1200 pips. In a low time-frame (4hrs) this long position is also conformed for at-least 800 Pips. TP & SL are mentioned in the chart. Adjust your Stop Loss according to your lot size, account equity ,strategy & money management. ***If you want to get in this trade...
EURNZD breakout levels based on manual S/R drawing, I consider 2nd breakout as possible entry for me. I welcome your comments and thoughts about this! Learn Forex from a PRO Mentor every day: www.IMLFX.club
We can place buy stop on the breakout of doji bar. it has retouch the broken level and formed doji.
EURNZD still in a hourly corrective structure. Buying breakout seems like a good idea. follow me for more updates on this and more. Thank you for your support!
Long at D; Targets on chart, Safe trades; open.spotify.com
Looks like NZD is in clear down trend against all currencies. Clear continuation on up trend on EURNZD. First Target should be 1.69-1.70
Same selling zone. A clear 5-wave structure in lower time-frame with clear negative divergence seen in RSI. Good luck, Ali Sharifazadeh, CFTe
Trading idea on 1h chart: Short EURNZD – possible SHS-Formation _______________________________________________ Trading idea: stop sell order at 1.5495, Risk-Reward = 5.0 SL@ 1.5545 (-40), TP@ 1.5270 (+225) _______________________________________________ Not a classical Shoulder-Head-Shoulder formation (right shoulder too high, neckline not in a right angle), but...
JUST WATCHING FOR A REVERSAL AT TREND TOP. TOUGH DAY FOR STRATEGIES I USUALLY USE, THE MARKET NOT GIVING ME ANY SECRET, SO I HAVE TO GET BACK TO BASICS. LETS SEE HOW THIS PLAYS OUT. LOOKING FOR A 38.2 FIRST AND 61.8 2ND. NO CLEAR SUPPORT LEVEL FOR MY TARGET SO I'M USING FIBS