We can see reversal after pullback confirmation. ThankYOu
EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily...
after pullback confirmation we can go SHORT . ThankYou
Sell EurNzd : 1.785 Stoploss: 1.797 Takeprofit1: 1.765 Takeprofit2: 1.728
Hello, here is my analysis for EURNZD. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
EUR/NZD is approaching an important support area for the third time. There is a very good chance, that this time we are going to see a breakout of this key level. This breakout would offer accurate shorting opportunity.
This trade is not ready just yet, but it should set up some time during the week. The pair has been ranging since mid April but the preceding trend was clearly bearish. In such a scenario, a bearish continuation is the more likely trend. However, I would love to see price reach the top of the channel before that happens. Taking a short at 1.8820 would not require...
It looks like there will be a down move in EURNZD if it touches the resistance. On 1 hr chart it formed shark pattern.
Buy and sell trade setup. watch price action and Buy Sell after confirmation. ThankYou
After the price has left the flag formation, I am waiting for a probable retest that will return to the formation point and make a buy limit.
As previously forecasted, EURNZD respected the horizontal resistance level and began to fall. I expect the pair the continue its bearish move to the support zone.
Today's short trade is for a minimum of 200 pips, with a RR of at least 1:2, better at 1:3 if it goes that way and doesn't consolidate too long.
This pair looks great for a nice selling opportunity. If we got a clear breakout of the key level, we would take a nice short with our members.
Break and retest of down trendline on 1hr timeframe. Price is heading towards a support zone. Entry at 1.80663 and possible Exit at 1.78853.