EURNZD has dropped massively and failed to hold on the recent support level last week. The price has been stalled for now, creating a flag pattern in 1h chart. Break of this pattern would trigger the short trade for me.
EURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to the downside, so I am looking to short it around 1.6534-63 for a target to 1.6333. Stop above 1.6629
Eurnzd Trading around 1.6615 Level Weekly Strong Resistance above 1.670 where Supply zone around 1.6730-1.6750. A Drop Toward 1.62-1.60 Expected. Advice Sell in range of 1.6618-1.6710 Sl above 1.680 TP 1.62 Risk Warning : Use 0.01-0.02 Below 1000Usd Even you 100% Sure never play With Risk Management rules.
price break minor neckline. let price find support and pullback. short on the potential right shoulder.
short time trade for 65 pips we can see a bearish divergeance on RSi and an RSi h4 at +79 (overboyght) euro continue ignoring Catalonia probleme,but i think not so long ,and anyway this cross need take a breath entry = 1.6689 Take profit =1.6624 SL..u let you manage it as is intrady trade
A bearish bat pattern is completing soon. Nice R:R at 2 (TP1) and 3.2 (TP2). Good luck.
Hi guys, this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated! If you have any question/idea, feel free to comment below. Otherwise, see you in the next chart!
Hi guys, this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated! If you have any question/idea, feel free to comment below. Otherwise, see you in the next chart!
Seems like we are having an Ascending Triangle formation. Go short at rejection of the resistance. LIKE and FOLLOW to receive instant notifications each time I post my trade setups.
On the 4 hour time frame EURNZD has potential to bounce back up from its support level. If you want to trade this bounce back use a 60 pip SL and put your TP on 1.8380 for some good pips of profit.
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price still in the downtrend channel. price retest structure and 61.8 level. stochastic also showing hidden bearish divergent. hope we can ride the trend.
we expect another downside move risk : reward on the chart.
Doji's wicking to the top of my best fit fork and wicking to the bottom. Price will retrace to at least the median. High profit trade with tight stop loss your ability to maximize profit and use risk management at the same time is multiplied. Pitchforks and the fibonacci they hold in them are so fascinating to me. Put your own fork in place for potential trade...
Short Opportunity. Wait for confirmation candle. R:r ratio = 4
1.6 looking like a nice resistance to hold the price. R:R is not that nice however, the possibility of this trade going into our way is high. Next target price to reach - 1.64 Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially...
Hi guys, after getting stopped out on this pair not long ago, i'm back here because my analysis finally became true. Indeed, we saw a reversal of the trend starting at 1,6680. This change of trend is signaled by a sequence of lower lows lower closes that broke the main support at 1,64. At this point, i know my bias is confirmed by price action and i'm willing to...