Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Here is my analysis for EURNZD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
H4 - Price respected a strong resistance zone and is bouncing lower. Bearish convergence. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
EUR-NZD broke out of The bullish wedge While trading in an Uptrend which confirms The bullish bias we had So now a further move up Is to be expected !
Here is my analysis for EURNZD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for EURNZD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR-NZD is about to Retest the horizontal resistance Of 1.779418 from where I Think the pair will Make a pullback !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
We see that the likely channel is an a-b-c-d-e correction with the SnD target below. there is a series of imbalanced bullish candles, usually the imbalance will be closed. if you want to short do it with maximum risk above the invalid area.
EURNZD hrly short ⚠️ Half risk due to lack of volatility Shortstop @ 1.76904 TP #1 @ 1.76430 70.37% wr TP #2 @ 1.75885 50% wr SL @ Swing high 1.77520 25.93% hr WR and HR % Determined by past trades on this pair in this time frame. More systematic trades like this are on my Profile.
We. have a clear break of the trend line. Now we wait for the EMAs to cross for confirmation.
The trend of EURNZD is still bullish while it's standing above the strong support zone between 1.71 and 1.717.
EUR-NZD broke the Resistance cluster of the Falling and horizontal level of 1.77096 And the breakout is confirmed Because the 2H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up !
EURNZD had a good run to the upside, however, it just might be coming to an end as we see 2 strong Bearish candlesticks close on the Daily timeframe.
Hi fellow traders, EURNZD is completing a very complex correction which has taken quite a long time to complete. Looking for a move down from the blue box area. The trade will be invalidated if we break above the red line. Target the support levels. Good luck and trade safe!