SELL EUR/NZD , Sell area N1 : (Blue) TP1 + TP2 : (green) , SL : ( RED )
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Hello my friends, I just found an interesting opportunity at EURNZD pairs. This pair has been going down for 600 pips from the recent rally. In my opinion this looks like an exhaustion after a fierce 1100 pips upward movement. I tried to analyze this chart using fibonacci retracement and this pair seems to respect 61.% fibs retracement. There is also ichimoku...
Another breakout from resistance, I believe this is heading to the above resistance level but will retest the trend line
Price was rejected from a key level, I see price coming down for a retest of support and potentially breaking it before shooting off to the upside
Look at previous price action around this level, it retested the grey area several times before shooting off Wait for price to hit the grey area and show a strong bullish move before buying!
We can see that this finally broke out and is now going to retrace, I am waiting for price to respect one of the Fibo levels before I place a buy to the top! This can be sold from this level and im going to guestimate TP will be around the 50.0 level
We are in an area where price has reversed before, we are looking for buys in this area EURNZD - BUY SL - 1.69570 TP - 1.75211
Price has hit a level of resistance, it is currently tracing to a lower level of support before continuing the up trend.. BUY once price closes above the line on a 4H to the target area
EUR/NZD is approaching a very strong demand area, from which I would expect the price to make at least pullback, if not even Reverse from its current down turn.
Expecting this pair to head back up before continuing down trend
I expect euro will get stronger next week based on my last analysis on this quote. I expect some real bullish pressure from EURNZD. The Bearish trend was clearly broken to the upside.
as we have seen on the chart EURNZD has meet strong resistance at 1.76000 we expect it rising following the channel toward the major downward trend line, then contunue falling
Here in EURNZD we have both the buy & sell Moves once it break these levels, as well, if it break the trend from up then BUY SIGNAL will be there & what if it go on falling still, remains in its trend then no matter it will hit its resistance then after that we have some scalping trade. Hope the best & keep patience, sucessful trade will be there. This would...