EURNZD broke one of his strongest support zones. The whole pattern oscillates under high bear pressure. There is a clear short position without argument
From a higher timeframe perspective, this pair has been travelling between a wide range. When the market creates ranges it also accumulates orders at supply and demand regions. I believe we may see a scoop below the previous support then a re-entry into the range, as illustrated.
Wait for the retest of the bright blue-green declining trendline on the 1HR chart and enter on success Looks clean, initial TP will be at the previous swing highs as indicated Depending on momentum at this point may leave in 30% to try to run higher as the shape height suggests the TP should be nice and high Stops just below a key SR level, not risking more than...
I took this trade with the team before Christmas and it is now beginning to flourish. You will notice that price bounced from a prior support zone and has now shifted structure, this is a good indicator that bulls could be ready to take over.
EURNZD ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
This is EURNZD 4H timeframe analysis, i'm expecting it to continue selling.
EURNZD ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
i expect eurnzd to push up to 1.7400 region before it continues it bearish trend.
Same plan as my last scan after having SL, so -1%, we'll try to catch up. Good luck to all
Hey tradomaniacs, welcome to a new free trading-setup. EUR/NZD: Daytrade-Execution Market-Sell-Order: 1,71800 Stop-Loss: 1,72260 Point-Of-Risk-Reduction: 1,71450 Take-Profit: 1,70990 Stop-Loss: 47 pips Risk: 0,5% - 1% Risk-Reward: 1,75 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
Hey tradomaniacs, welcome to a new free trading-setup. EUR/NZD: Daytrade-Execution Sell-Limit-Order: 1,71000 Stop-Loss: 1,71500 Point-Of-Risk-Reduction: 1,70515 Take-Profit: 1,70000 Stop-Loss: 50 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
The right screen is never predicting before. Just a the best result at the history for confident to using for Trade. ------------------------ Risk: 1%. 1. The Long signal is calculate by the RSI indicator crossover 70, wait to Buy when the price corrects and crossunders the Upper Keltner Channel. 2. The Short signal is calculate by the RSI indicator crossunder...