Buy on Pullback confirmation after Bullish engulfing pattern Buy Trade. ThankYoU
Eur / Nzd has progressed much more than the analysis I did last time, so this is my setup for this pair. after that we wait to see if the major resist will break through or bounce down.
With this pair currently at monthly support, there is a good opportunity to capitalize on the possibility of the pair rejecting this support. Also, the pair being at weekly support provides further confluence for the rejection of monthly support. If the market provides a daily close above daily resistance, then the re-test of that structure would present a good...
we have cros and test descending trend line and rejection of 61.8% Fibo with two large spiks
**ENG** - If price breaks bellow our demand level (black line), we would like to see a drop till the 1.7300 zone and then look for a possible reversal to the upside, with the first target being the 1.7350 zone. **PT** - Preço a quebrar a nossa zona de procura (linha preta), se de facto tivermos a quebra, o melhor seria aguardar por um toque na zona dos 1.7300 e...
The pair has just hit a major support on the 1H chart and right now we can see a bearish trend, which i hope it will keep getting stronger. Have a profitable day traders
Bull flag and already breakout done looks good while holding support . Taking this setup 12 hour has really bad ichimoku resistance need to close above first But waiting for market to open not adding order wait for market to warm Long : 1.7427 at this good only for risk taker only
Opinion : EURNZD : 1h : Technical Analysis : BUY Looks to be back in bullish momentum.
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
Stop Loss: 1.7355 Entry Point: 1.7452 Target Profit: 1.7650 Good Luck! Do not hesitate any question for clarification.
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
there is a strong support there...you can buy eurnzd from there