H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURNZD is clearly still long and will propably continue to be long for a while. here are 2 zones you could look for confirmation entries, i will be doing just that myself. Don't be surprised if we don't have another pullback before hitting the expected target. and most importantly DO NOT trade against the trend, you will get burned trying to force this pair...
H4 - Bullish trend pattern followed by double wave correction. Most recent downtrend line breakout. Higher highs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Price respected a strong resistance zone and is bouncing lower. Bearish convergence. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Hello everyone! Hope you all had a great weekend. I wanted to share this trade I just took on FX:EURNZD for a RRR of 6:1, seeing a great buy opportunity from supply and demand zone. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck this week everyone! Regards, Enzo
I use SMC Strategy to make this Setup OANDA:EURNZD TF: H4, D1 Entry (Sell limit) at 1.791-1.793 TP1: 1.758 TP2: 1.742 TP3: 1.726 SL : 1.798-1.80 (updating) My ideas trading are usually simple and straightforward I will update this Setup regularly ----- Let's comment/like if you agree or share more of your idea about my idea Thank you and Have a good trade!
Here is my analysis for EURNZD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for EURNZD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR-NZD is about to Retest the horizontal resistance Of 1.779418 from where I Think the pair will Make a pullback !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
We see that the likely channel is an a-b-c-d-e correction with the SnD target below. there is a series of imbalanced bullish candles, usually the imbalance will be closed. if you want to short do it with maximum risk above the invalid area.
Hello guys. This pair made an abrupt move yesterday, creating a huge imbalance and I anticipate that the market might refill that. Entry point is 1.758, our target is 1.734 (based on 0.3 fib chart) and our stop loss is at 0.768 My target R:R for this trade is 1 : 2.2 Remember, risk only 1-2% of your account!
The trend of EURNZD is still bullish while it's standing above the strong support zone between 1.71 and 1.717.
EUR-NZD broke the Resistance cluster of the Falling and horizontal level of 1.77096 And the breakout is confirmed Because the 2H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up !
EURNZD had a good run to the upside, however, it just might be coming to an end as we see 2 strong Bearish candlesticks close on the Daily timeframe.