The pair is in a well identified downtrend. Chances are high that it will return to the bottom of the bearish channel, where it would be an excellent opportunity to take profit and close bearish positions for this time frame. Remember to be prudent in your strategies correctly placing the stop loss to protect bigger losses. For more information you can contact...
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
Currently waiting for price to break out of consolidation then we will be selling to the target area
Our bias is long back to previous resistance after the break of the trendline.
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
With the EUR bullish across the board, the EURNZD pair allows the setup of a long entry after finding rejection from a strong support level and forming a double bottom. Price action is heading towards the resistance line for the descending channel where it has been trading. The order: Type: buy-stop S/L: 120 pips - R:R | 1:2 - T/P: resistance level -- ***...
- Probable Bullish Gartley Pattern formation. - 1.7220-1.7190 is a fresh Demand Zone. - If it creates Double bottom on that zone on H4 or if the daily candle gives us reversal price action signal then you can enter as buy. - Tp would be at the 50% retracement of X to A leg.
As you Can see here is our confirmations with a double bottom sign which is a strong sign that can make move strongly.
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.
Weekly, Daily rejection zone.. Symmetric broken. TL holding. Resistance Area.. LONG possibility if market opens above demand zone..
Expecting this pair to head back up before continuing down trend
After complete structure can SHORT on Retracement. ThankYou
Hey guys, here is the trade plan for EURNZD. Wait for the price to move into our sell area than short it for over 350 pips. If you guys have any questions please let me know in the comments section. Thanks.
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