Break and retest of the descending trendline and previous highs.
When we are 30 pips profit Please move SL on BE Thanks me later :)
Nice breakout of the downtrend, price is re-testing a double trend at the moment. Going long with a stop loss just below the uptrend. Will wait until London/NY session before entering.
Hello Traders ! I marked 2 possible scenarios on EURNZD. 1) We could see the price moving to the Resistance Level and from there to see a nice big drop. 2) Instant drop from our Zone marked on the charts Watch Price Action, follow your trading plan and trade carefully friends. Let me know your view on EURNZD and what you think about my Analysis. Please leave...
Hello traders, buy opportunities @ 1.71250 - based on my own strategy.
Anticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, all requirements for a valid K2 Trading Strategy entry are present providing additional confirmation for my idea!
eurnzd haz completed its consolidation by the looks of it i have entered a long position and will be holding this position for the rest of the weeks with management . price has came down to the level we marked as support a couple times and has not been able to break it ! we are anticipating a initial push up to indicate a trend reversal . then we will close out...
Hello traders! Welcome to the new trading season of 2020!! I wish you a happy new year and a lot of success on your trading journey. The focused trading opportunity of the new week is EURNZD LONG TRADE. EURNZD Daily: On the daily, you can perfectly see how price found a supportive region (demand zone) after a meltdown of 1000pips!!!. I believe it is time for a...
The chart show it all. If any question feel free to comment.
EURNZD broke equal lows on the 4 hour and with a bullish candle breaking highs. - Looking for price to take up liquidity above. - Positive EUR news is coming, I believe NZD will fall soon.
EURNZD 30 min bullish block. - Overall NZD is bullish in my opinion so this trade makes more since on a lower timeframe. - We see a break of equal lows, and a third touch to a minor uptrend. We would take our trade to 1.73200 and possibly the 1.73700 point before heading back down.
Possibly Head and Shoulder Pattern Still in Channel though. Possible short then long.
Here are the key factors to keep in mind today for Euro trades: German Wholesale Price Index: The German Wholesale Price Index for September decreased by 0.4% monthly and by 1.9% annualized. Forex traders can compare this to the German Wholesale Price Index for August which decreased by 0.8% monthly and by 1.1% annualized. Eurozone Industrial Production: Eurozone...
Hello and welcome to my Trade Idea of the currency pair EUR/NZD. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is bullish. Also the last monthly candle closed as big filled bullish candle. Weekly: We see on the weekly timeframe a bullish momentum too. Daily: The strong trendline will be drawn on the daily timeframe. The second touch...