The medium-term trend for EurNzd is up and I expect this to continue and the pair to challenge 1.8200 in the near future. Now the price is in a normal correction which can provide us with a good opportunity to buy on dips. My focus is on 1.78 zone where I will look for a buy signal
Possible long setups might form if the price reacts at this zone.. Monitor price action for bullish setups to go long.. Note : Use your strategy also and crosscheck before entering and trades..
- We're gonna wait for a pullback & BUY confirmation near 1.7740 - Our target will be near 1.8100 - If this reaches our target which means it will form a harmonic pattern. - We'll look for sell confirmation from 1.8180 to 1.8120 - Our next target will be near 1.7820
Once again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on Monthly however before taking a position, I will wait for price to break through some of the identified zones. If on the other hand Price chooses to continue in the bullish run, I will equally...
There is not much to think about, a strong weekly uptrend, plus an obvious W pattern.
SELL EUR/NZD , Sell area N1 : (Blue) TP1 + TP2 : (green) , SL : ( RED )
EURNZD 📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another. 📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland...
EURNZD 4 hourly chart above shows a sharp decline that can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v. According to the theory, impulses show the direction of the larger trend. In other words, once the current corrective recovery that's unfolding as a "w-x-y" double zigzag ended, traders should expect more weakness to follow. - The...
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After reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD And major resistance was broken and the resistance turned as support for the downfall the primary target...
EUR/NZD New Update +530 Pips 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...
Hi all traders. Am looking for this potential trade on eurnzd Cheers!
EURNZD He prefers to sell right now.
Hey tradomaniacs, welcome to a new free trading-setup. EUR/NZD: Daytrade-Preparation Market-Sell: 1,80125 Stop-Loss: 1,80855 Target 1: 1,79500 Target 2: 1,79045 Target 3: 1,78680 Stop-Loss: 73 pips Risk: 0,5 % - 1% LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to...
After the double bottom at around 1.72, EurNzd has risen 1000 pips almost vertically. A top could be in place now marked by a double Pin bar formation and some kind of tweezer top at the end of last week. Now the pair is hovering just above 1.8 important support and a daily close under this support could lead to a deep dive to 1.76 zone. Sell rallies is my...