I am extending my previous forecast. Since the price is in the support zone. The price has come to a strong support zone. This zone is formed at the intersection of the level and the 2015 support line. The price is around 1.654. From this zone, I expect the price to rise to the resistance level. You can start buying from this point. SL - 1.635. TP -...
so yeah, down it is. Very excite!
- market is in a downtrend - corrective pattern broken - market was overbought - increase in volume
If the Triangle position was broken, It will go downward. follow the Risk and Reward Ratio. Must use small Lot
Hello everyone, if you like the idea, do not forget to support with a like and follow. Market continuously following the trend line . Have a nice Day!
Hey traders, here is the analysis for the EURNZD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EURNZD, Sell on H4 H4: - Structure: Downtrend - Tendency: Downward - Below resistance and EMA - MACD: Down - Candle: Bearish
EURNZD, Sell on H4 H4: - Structure: Downtrend - Tendency: Downward - Below resistance and EMA - MACD: Down - Candle: Bearish
Expecting the bulls to come in from this consolidation outside the descending channel.
EUR/NZD consolidating in the decreasing flag. Waiting for the break
the price is in the side way range, buy to the upper band
- Short Intraday trade for potential BAT in 15M with 1:1 RR in T1 and 1:3 in T2. Tight stops to confirm if pattern will be valid. - In 4H, looking for possible AB=CD,
The NZD is strengthening and EURNZD consolidated for more than 14 days and failed to break the above trendline. Additionally 50 MCG is used in this analysis as it is acting as a cyclic resistance, causing an instantaneous breakdown. Only trade when the marked arm is broken