This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Gartley pattern completed D Leg on Thursday 3th of August and has since moved down about 120pips of the potential 400+ This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you...
For those of you who missed the initial entry on the EURNZD 4H chart (after the trend line break), will now have a second chance to enter. We are hovering over a strong flipzone that needs to be broken first with a high momentum bearish candle in order to enter. Do not do mid-candle decisions, wait for a clear break and be patient.
EUR/NZD is currently in a consolidation zone since 1 week and the signs are more favorable for a bullish breakout. This could very well be a bullish continuation pattern. Always make your own analyse before investing as well as money manage properly. Happy trading!
When the price tag the low, then be careful because the reversal for one more impulse is possible.
EURNZD Chart Confluence factors : 1: pattern : Resistance 2: bullish bias 3 : upward stable trend inside the channel 4: timeframe 60min. 5:Possibility 75% 6: Target : long 1.5445 .. short 1.5334
Our current EURNZD short is going perfectly as expected. I would like to close the gap on the current short but there are yet a few major supports to break through and I believe a pull back to a previous major support/resistance will be necessary. Therefore, this opens up the potential to a secondary short trade to take this down further. The 1W chart shows...
Our EURNZD Long was based on trend continuation + indicators, however, we played it against a forming H&S pattern, which has now completed on the daily chart. Our Long has not stopped out so I will be keeping my Long open in case of a recovery and continue to monitor the situation. However, if my short does get triggered then I will favour the H&S and may decide...
Note: My charts are usually very messy, so I've re-done it and removed a lot of unnecessary indicators etc so you get the overall idea. 1D chart shows a nice clean uptrend on the EURNZD consisting of HL and HH, 4H chart confirms the last candle closed on the EMA200 line, which is also the lower channel of the uptrend (conservative entry would be waiting for a...
After a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right...
Hello Traders ! just saw this pair and found it on all time low + near to demand zone guys. this seems to be the pair to buy this year. keep and eye and add your buy positions after every retracement thanks.
Looking upside breakout from wedge. However keeping mind coming elections in April, which could turn euro lower. NZD could be little overpriced so correction might be possible.
EURNZD will either break the channel and continue short or it will reverse. The general trend is downwards but I have a feeling it might do a reverse and rise shortly before dropping again. It looks oversold. I'm waiting to get a confirmation before going in. Break of trendline if short, break 10EMA if long.
Hey folks, Here's a move I have been analyzing since Novimber 2016. And now all the patterns indicate the start of the new impulse. ABC correction almost done. C wave is a perfect 5 wave impulse down and the fifth wave is an ending diagonal. The main correction is even an ending diagonal; however, we are looking into the small timeframes for those. I will...
Test and fail of the downward trend line, as well as 2nd test of 50 Fib level, indicated a valid short entry. Price breaking and closing above/below any of the trend lines would mean that this setup no longer valid. Good sell opportunity until 1.4800
WE SEE EURNZD REPEATING THE SAME SCENARIO TWICE AND NOW IS FORMING THE SAME FOR THE THIRD TIME ! BOTH TIME THE RETRACEMENT WENT NOT MORE THAN 0.5! SO AT 1.52800 IF TH PRICE BOUNCE BACK I WILL ENTER A SELL ORDER WITH SHORT TP @ 1.51800 AND LONG TP@1.50200