Eurnzdshort
EUR/NZD in a Bear flag.EUR/NZD is in a Bear flag with bias to break to the downside.
I am looking to sell either the top of this resistance area which is around 1.7816 or sell the break of the uptrend flag line, currently around 1.7784.
Take profit will be in the middle of the support area, around 1.77380, so roughly 40 to 44 pips profit.
Good luck with this trade!
Tibor
Will short this EURNZDObvious bearish trend here. A strong level of resistance @ 50% Fibo and trend-line. We can short this pair now with a target anywhere in the support area. There is also a chance price will break through and head for a next support level so good to open 2 trade and see how this trade goes.
Let's keep the technical simple and easy for all to understand.
Like and Follow guys!
EURNZD SHORT!Pair name - EURNZD
Action - SELL/SHORT
ENTRY - 1.7760
TP - 1.7670
SL - 1.7820
TRADE STATUS - OPEN
EURNZD - Move ReadyOnce we see a break of this small level acting as support I believe this trade will flourish to the downside. The Alkaline team entered slightly early yesterday but we are still in the game with great utilization of ATR stop loss placement.
Wishing everyone a great trading day!
COT Data - 51% Short
EURNZD | Short on Pullback-Ascending TL breakout, retest approaching
-0.5 fib retracement
-previous support now acting as resistance
-MA50 early indication of momentum shift
-Overall strong zone of confluence
EURNZD - SL Hunt Complete?If we manage to see a break of the small ascending trend line, I will class the small break to the upside from the resistance level as an SL hunt to gather liquidity before a potential strong bearish move to the downside. If we see the break, I will be waiting for a re-test of the trend line or structure followed by rejections before placing my sell position.
Only time will tell!
COT Data - 52% Short
Another decline for Eur/NzdHello Traders
Another possible decline is coming for this pair. I've identified a Harmonic pattern (don't know which one ) but also as an Elliott wave analysis this can be wave B an EXPANDED FLAT wave A and B minor degree are completed and wave C minor degree is an ending diagonal or wedge pattern and it should end between 1.78 and 1.80
EUR/NZD SHORT IDEA Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/NZD: Daytrade-Preparation
Market-Sell: 1,76390
Stop-Loss: 1,76935
Target 1: 1,75870
Target 2: 1,75350
Target 3: 1,74990
Target for One-Target-Trader: 1,75350
Stop-Loss: 54,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
Pullback Short Setup-Respectable descending TL, retest expected
-0.5 fib retracement
-Previous support area now acting as resistance
-MA50 supporting the bearish momentum very well, expecting price to continue its trend downwards!
