EURNZD Strong Bullish Zone, Price pullback to Previous Resistance level turned Support and formed Double Bottom equal lows at the level, 50 EMA ac ting as support at the level.
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EURNZD Strong Bullish Zone, Price pullback to Previous Resistance level turned Support and formed Double Bottom equal lows at the level, 50 EMA ac ting as support at the level.
EURNZD UPDATE Price formed a lower high (failed to go higher) , so we could see a shift in structure to the downside
EURNZD Gear up for takeoff soon boys, price could correct a bit lower but I have a good feeling we are about to transition from the correction to continuation
EURNZD Speak My Mind – EURNZDHad to reassess the plan — price didn’t hold the first internal structure or OB, showing it wants to dig deeper for liquidity. I’ve already plotted the PD Array and lines into discounted territory to map out where smart money’s likely headed next. For now, bearish flow stays in play. I’m waiting for price to drop into that higher-high structure built within the internal framework. Once that OB gets mitigated, I’m going longs straight off the tap — no confirmation needed. Until then, I’ll let smart money direct the move and stay patient. Let’s go.
Idea: $EURNZD // Nightfall at Qarths… EURNZD This could take a few more days to drop but I can't make a good case for it going back up, beyond last highs.
EURNZD This could take a few more days to drop but I can't make a good case for it going back up, beyond last highs.EURNZD EURNZD — structure held clean and momentum respected. Waiting for the final pullback to confirm continuation. Once price taps in, I’ll re-map and flow with delivery. Precision first. ⚡️
EURNZD Speak My Mind 🗣️ | EURNZDBias: Bullish ✅
Price mitigated midterm OB and gave a bullish reaction, breaking LTF LHs.
Price carried on mitigation at the first buy zone — now looking forward to a second entry at the second zone.
Until price approaches, I wait patiently. Smart money is leading — we follow structure, not emotion.
EURNZD 🎭 The Heist Plan: Bullish Bias ConfirmedStrategy Type: Multi-Layer Entry (The "Thief Strategy")
Timeframe: Day Trade
Direction: BULLISH 📈
The setup uses a layering entry method with multiple buy limit orders to maximize position building on pullbacks while maintaining risk control.
🚪 Entry Zone: The Vault Door
Using the multi-layer limit order technique, we're setting up positions at:
1st Entry: 2.01000
2nd Entry: 2.01200
3rd Entry: 2.01400
💡 Pro Tip: You can add more layers based on your risk tolerance and account size. This averaging technique helps capture better overall entry pricing.
🛡️ Stop Loss: The Escape Route
SL: 2.00800
⚠️ Risk Disclaimer: This stop loss level is based on technical structure, but YOU are the captain of your own ship. Adjust your risk parameters according to your personal risk management rules and account size. Never risk more than you can afford to lose!
🎯 Take Profit: The Exit Before the Sirens
TP Target: 2.03000
This level coincides with:
🚧 Strong resistance zone (the "police barricade")
📈 Potential overbought conditions
Liquidity trap area where reversals commonly occur
⚠️ Profit Management Note: This is a suggested target based on technical analysis. Consider taking partial profits along the way and trailing your stop loss to secure gains. Your money, your rules!
🔗 Related Pairs to Watch: The Crew
Keep an eye on these correlated pairs for confirmation:
USD Pairs:
EUR/USD - Direct Euro strength indicator
NZD/USD - Direct Kiwi weakness/strength gauge
Positive correlation with EUR strength supports the bullish bias
Cross Pairs:
EUR/AUD - Similar commodity currency dynamic
EUR/GBP - Euro strength against majors
AUD/NZD - Oceanic currency relationship
💡 Correlation Key: If EUR/USD is rising and NZD/USD is falling or stagnant, this confirms our EUR/NZD bullish thesis. When both commodity currencies (AUD/NZD) show synchronized movement, it can indicate broader risk sentiment shifts.
EURNZD EURNZD – Approaching LTF ExecutionWe’re almost there for LTF entries. I’m just waiting patiently for the setup to trigger.
EURNZD Looking for this pair to spike down to OB, fill the imbalance and continue up. Super clean setup on the weekly chart!