EURNZD will either break the channel and continue short or it will reverse. The general trend is downwards but I have a feeling it might do a reverse and rise shortly before dropping again. It looks oversold. I'm waiting to get a confirmation before going in. Break of trendline if short, break 10EMA if long.
the 1.4720 zone looks to be a strong area of support so ill be looking to take a long up to my 200ema(blue). Both MACD and Momentum have been going bullish on 1h and creating higher lows where as market price has been staying low.
Both Momentum and market price are approaching resistance points. The entry point is also set at the 200ema which if broken would make the trade invalid.
Eurnzd demand zone and strong support on daily chart if hold above 1.4670 we can see toward 1.51-1.52 advice buy in range of 1.48-1.47 SL 1.4630 tp 1.51
Hey folks, Here's a move I have been analyzing since Novimber 2016. And now all the patterns indicate the start of the new impulse. ABC correction almost done. C wave is a perfect 5 wave impulse down and the fifth wave is an ending diagonal. The main correction is even an ending diagonal; however, we are looking into the small timeframes for those. I will...
Hi guys, potential bullish bat pattern evolving. pair in corrective strucutur with some upside potential. trying to catch impulse up after the completion aof ABC. targets and SL on chart. watch for prive action to determine the entry. trade with care.
Bullish Bat under preparation Entry: 1.5004 (waiting for the right price action within the blue rectangle) SL: 1.4929 (-75) TP1: 1.5092 (+87) TP2: 1.5119 (+115) TP3: 1.5146 (+142)
hi guys, two possible trades on the EURNZD. EURNZD is currently in consolidation bevor the nex bullish impulse so maybe two good opportunities for a trend continuation trade. short term targets on the chart. watch for the price action and trade with care.
FX:EURNZD Safe Trades;
FX:EURNZD Safe Trades... humans :)
Price touch MN DZ (reaction, but better place for buy is bottom 1.43-1.41 at Daily DZ in MN DZ) Planned TP at W1 DZ (DBD) Now waiting or.... trading lower TF (M1-h1) :)
Eurnzd trading around 1.5015 Seems Strong double bottom around 1.4855 level and as fibo if we see low now it can Retrace towards 0.382-0.5 Level before new low where if breaks 1.48 then next 1.43-1.44 next For now advice buy eurnzd in range of 1.5015-1.49 sl below 1.48 TP1 0.382 that is 1.5460 TP2 0.5 that is 1.5650 Donot break money management Rule...
Eurnzd trading around 1.5075 level where its holding strongly 1.50 level. we advice to buy pair in range of 1.5075-1.5000 sl below 1.4950 TP 1.5250 TP2 1.54