I've been watching EURNZD closely. It finished a "swing" and is now on a downward trend. If you find my insights useful, I'd be grateful if you followed and liked my posts.
Hi fellow traders, EURNZD looks ready to make a move lower after completing the WXY correction in a flag formation. Target the 1,7143 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
Once the liquidity has been marked, we now have the correct market direction. Now we have to wait for a good entry confirmation... It seems to be going up and up... I recommend you to take an accelerated move to have a better risk/reward! Keep it Simple! If you liked it, don't forget to follow me! :)
H1 - Downtrend line breakout Higher highs Until the strong support zone holds I expect the price to move higher further after pullbacks.
Following a test of a daily horizontal resistance, the EURNZD currency pair created a descending triangle pattern on a 4-hour time frame. The next support level appears to be at 1.7909, which is likely to be the target for sellers. To enter a trade, one could look for a retest of the broken neckline of the triangle.
- EURNZD was trending bullish with HH and HL forming. - bearish divergence has been observed. - Lately, Head and Shoulder pattern has been observed on hourly time frame. - Possible reversal of trend is imminent with confirmation from break of neck line.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.79858 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.80981 Why we like it: There is a pullback resistance...
Hello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURNZD experienced a breakout from its bullish trend. The pair has been quite slow lately maybe its because of the many corrections, A strong impulse move to come since we have broke out of our trend line and it retested multiple times and formed a flag to confirm the downtrend momentum that await EURNZD. After the push below our bullish zone says Smart Money...
Technical Analysis: Potential Selling Opportunity on EURNZD Dear fellow traders, I would like to share a detailed analysis that has identified a potential selling opportunity on the EURNZD pair, based on careful technical analysis. Here are the details: Overview: Pair: EURNZD Timeframe: H1 (1-hour chart) Technical Context: Following a sharp downward movement,...
I'm expecting a pullback to the neckline of the 'active' local trading range top neckline. If a range forms on top of this neckline it will be a super strong BUA in phase D of the 'active' local trading range. Ideally you would see a separate 'active' trading range which would be the BUA and ideally this would be a re-accumulation active trading range as opposed...
The 4 hour chart demonstrate how clear the "market conditions" are in that I am trading inside of a re-accumulation local / greater trading range at the area of a spring which has formed an accumulation active trading range. This chart demonstrates how clearly a spring and re-accumulation can be observed.
EURNZD - Trading Spring as Accumulation 15 Min Chart See private charts for 5 minute (this trade was executed on 5 minute) The entry point chosen is pure Wyckoff - Spring Local Trading Range, Accumulation Active Trading Range. Overall Trend; bullish
You see the appropriate price reaction to the specified levels
My dear friends, Please, find my technical outlook for EURNZD below: The price is coiling around a solid key level - 1.7943 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7991 Safe Stop Loss - 1.7910 About Used Indicators: The...
As we can see EURNZD has recently has a massive surge of buying pressure after break major low, so If EURNZD pulls back down to 1.79854 (key level) then i will be looking to go long because there alot of interest at that level.
Based on my previous analysis on 18th Feb 2024. I now see that EURNZD has completed the swing and starting to move lower. I am expecting a drop for around 500 pips.
The market is on a uptrend and close to the support zone wish is a nice 👍 one and we also mark out our psychological levels and we are targeting the high