Hey traders,
Here is our forecast on EURNZD.
The level where the price is trading right now is decent
and the price will most likely bounce from that.
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EurNzd TGIF i expect to trade one of this levels not zones the reason i said that is all week EurNzd was one sided from Monday to Thurs it break Market structure on traded 4h FVG Discount Low and break low
EurNzd Friday GTIF since Monday to Thursday traded on bullish expect some retracement on Friday absolutely 100% i assure cause still not traded the discount low FVG on daily
@I_Am_ICT
EURNZD on the 4h chart is trading in a range over a weekly support.
The price recently broke the minor ascending channel and now is testing the structure.
According to Plancton's strategy if the price will break below and satisfy the ACADEMY conditions we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly...
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Hello,Friends!
Indecision in the market is changing
Towards a well defined bearish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a good idea to go short!
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Eurnzd
We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.
The price has broken the support that has now become resistance.
Wait for the weekly candle close to confirm the downward movement.
Possible target: 1.56062
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis
Based on our view the price will rise to the monthly level
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
I've taken a trade here on EURNZD for a short trade earlier as the price might be forming a pullback to a minor trend line. The price had crossed the Monthly trend line and the major trend is down. Let's see how it goes.
EUR NZD @ 1.61831 SL 1.60958 TP 1.66500 Trade entry rules:
-Have I checked the time stamp of the setup given?
-Have I checked my local time?
-Did I chart the setup given?
-Does it fit within my risk parameters?(1-2% per setup/trade)
-Past profits NEVER guarantee future profits-
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EURNZD - LONG
Why are we entering?
- Expecting NZD Weakness and EUR strength = EURNZD LONG.
Entry
by crossing 1.62440
Once entered, where will our Stoploss be?
- Below the area where price bounces off
Where do we take profits?
- First TP: 1.653
- Second TP: 1.69
- Third TP: 1.71
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes and sharing my thoughts.
Attention :
Always use a proper risk management in trading.
Be safe and trade responsibly
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