31st May daily key reversal bar made a new high closed off the low. 1st June daily insurance bar further indication for weakness ahead. split risk by two positions by distributing risk equally half% each. stop loss 1.7850, target: 1.7280
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The market structure is extremely bearish, with all yearly imbalance areas filled. There is a strong downward momentum, and a long wick candle on the yearly timeframe suggests further downside potential. Overall, the bearish sentiment prevails. 2:📆Monthly: The monthly timeframe shows a significant entry...
EURNZD broke and closed below the psychological level at 1.75000, which became a resistance. Price is trading in the descending channel. There's a nice confluence zone to short at the resistance level . We expect a retest of the support level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR-NZD broke the Resistance cluster of the Falling and horizontal level of 1.77096 And the breakout is confirmed Because the 2H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up !
EURNZD reached the kill zone: support and fibo levels, which is psychological level 1.78000 + bullish harmonic pattern. Price pulled back to the support zone with deceleration and is now in an oversold condition. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hi fellow traders, EURNZD is completing a very complex correction which has taken quite a long time to complete. Looking for a move down from the blue box area. The trade will be invalidated if we break above the red line. Target the support levels. Good luck and trade safe!
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit. EURNZD...
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit. EURNZD...
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit. EURNZD...
Pair : EURNZD ( Euro / New Zealand Dollar ) Description : Impulse Correction Impulse Consolidation Rising Wedge as an Corrective Pattern in Long Time Frame with a Break out of the Lower Trend Line and Retracement Completed " wxyxz " Corrective Wave Divergence Break of Structure
Pair : EURNZD ( Euro / New Zealand Dollar ) Description : Break of Structure Rising Wedge as an Correction in Both Long Time Frame and Short Time Frame Divergence Rejecting from the Fibonacci Level - 78.60% Daily Resistance Level Completed " ABC " Corrective Wave
EURNZD reached resistance and the kill zone. The market is in consolidation, and most likely, the price will bounce off the resistance zone . Pullback from the killzone is expected: resistance + double top + psychological level 1.7300 and fibo extension level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit. EURNZD...
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit. EURNZD...
EURNZD reached resistance and the kill zone. The market is in consolidation, and most likely, the price will bounce off the resistance zone. Pullback from the killzone is expected: resistance + dynamic resistance + psychological level 1.1700 and Fibonacci level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily...
Welcome back guys I’m dropping Eurnzd Buy on Here, I don’t really have much to say as I’m currently about traveling right now, In few minutes I’m entry into the plane, so back to Eurnzd so basically what you are seeing is that we broke our Trend line and got a nice retest so we are waiting for a Buy confirmation, so tell me what you all think about this analysis,...
EURNZD broke and closed below the 1.68000 support level , which became a resistance. It broke out of the ascending channel and continued trending down. There's a nice confluence zone to short at the resistance level . We expect a retest of the support level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for...