IN this update we review the bullish sequence and identify the next high probability trading opportunity
After a month of accumulation and range trading, EurNzd has broken above 1.63 resistance, accelerated gains, and has passed also above the next important resistance around 1.66-1.6650 zone. Now the pair took a break, is resting and we can have a new leg up pretty soon. My next target for this bullish move is 1.7 and, as a buy zone, the old resistance, now support,...
Hi TRADERS this is my trade set up for the EUR/NZD for this week ahead EUR/NZD POSSIBLE HEAD AND SHOULDERS which didn't work out as we would hope it should, and just continued the upward trend so I will be will be looking for continuation on this pair and be looking for a pullback to the zones marked off on chart and take a buy trade if it meets your criteria for...
MN TF: Downtrend WK TF: Temporary BUY opportunities D1 TF
Looking for EURNZD to start moving upwards. We have a nice weekly orderblock created and I would like price to drop down into the green highlighted zone where I will enter. I will risk 2% on this trade and this is a long term swing trade so please be patient with taking profits. Potential take profit areas are shown through purple lines. DISCLAIMER: I am not a...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON EUR/NZD. - The pair has continued with its bullish rally to the upside. - Currently trading in a bull flag possibly signaling continuation toward the upside. - Momentum to the upside was a bit strong looking for a retrace at...
eurnzd is very near to hit the first tb it is running over ✅✅✅✅ 300 pip since the last update , Take a look at the latest update in the link below , 🧙♂️The secret of success in predicting the movement is follow-up, and this is advice for everyone who practices technical analysis. You must know where the market finished forming previous models to succeed in...
H4 time frame. Structure: Downtrend. A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000. The current price tends to break the Key level at 1.63500. Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities. Profit target is 1.66000 price...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.6201). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.6201). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
OANDA:EURNZD Doesn't it look good for a short term buy ?
EURNZD - LONG Why are we entering? - Expecting NZD Weakness and EUR strength = EURNZD LONG. Entry by crossing 1.62440 Once entered, where will our Stoploss be? - Below the area where price bounces off Where do we take profits? - First TP: 1.653 - Second TP: 1.69 - Third TP: 1.71
We have a nice bullish setup here. Looking to take our retail bottoms and shoot up. Lets wait for confirmation from our OB.
On the weekly time frame, prices tapped into the demand zone where we could see a pullback in prices. On the H4 time frame, we are seeing bullish order flow with prices failing to form lower lows. Currently, prices are testing a key resistance at 1.63152 and a break above this level could see prices push higher to the next resistance target at 1.65311, in line...
EURNZD - Intraday - We look to Buy a break of 1.6331 (stop at 1.6301) The trend of lower highs is located at 1.6330. A break of bespoke resistance at 1.6330, and the move higher is already underway. We are trading at oversold extremes. Short term momentum is bullish. Our profit targets will be 1.6421 and 1.6441 Resistance: 1.6300 / 1.6330 /...
H4 time frame. Structure: Downtrend. Divergence signal appeared and Key level at 1.63000 was broken. Wait for the price to complete the head and shoulders reversal pattern and have a retest to confirm the breakout, then you can find buying opportunities. The profit target is the 1.65500 price...