If price moves to the upper dynamic trendline of the ascending channel. I'll be considering A Risk entry type at the top of the bearish structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag. Share your thoughts in the comments and show your support for the idea by liking it....
Eurnzd is exactly moving according my previous analysis ( tagged ). Now Market is at strong resistance of trend and I expect market short from resistance to support. Always trade safe and must use stop loss. If you like this idea kindly appreciate with like button.
Since the fib time zone shows that the buyers may not be in power anymore therefore, we could look for serious supply zones for short trades. the red area comes from daily chart analysis. . what do you think about EURNZD chart?
eurnzd analysis elliott wave eurnzd short eurnzd analysis
eurnzd analysis elliott wave eurnzd short eurnzd analysis
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.
price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily...
Price rejected resistance zone amd pulling back. Pair is in an uptrend. Might pull back first before uptrend continuation. Might turn after hitting TP1 or TP2. Entry 1.70300 - 1.70500 SL 1.71250 TP1 1.69500 TP2 1.68000
PRICE is currently testing a double top value area, which also happens to be a third touch to an inner 3 touch formation..Looking forward to seeing a stronger rejection and potentially tight flag to take this to the downside
Eurnzd is exactly moving according my previous analysis ( tagged ). Eurnzd is trading in marked range and now is at upper level of range resistance. Here we have two trade scenarios 1st if market hold range then sell to the range support. 2nd if market break range and test it as support then buy with small SL. Always trade safe and must use stop loss. If you like...
after making a big liquidity, eurnzd entered a massive demand zone and this is possible to fall to my tp.
EURNZD - Intraday - We look to Sell at 1.6969 (stop at 1.7009) Levels above 1.7000 continue to attract sellers. Short term momentum is bullish. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 1.6869 and...
#EURNZD Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up. EURNZD can go up...
The pair shows a strong bearish rally on 15 minute time frame; booking profits by taking 1:1 RR
Hello traders! ‼️ This is my perspective on EURNZD . We can see here pretty the same structure as on the picture, a lot of buy/sell stop manipulation, so know I expect price to take out buy stop orders higher. Like, comment and subscribe to be in touch with my content!
EURNZD - Intraday - We look to Sell at 1.6969 (stop at 1.7009) Bespoke resistance is located at 1.6970. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Levels above 1.6970 continue to attract sellers. We look for a temporary move higher. Our profit targets will be 1.6869 and...
EURNZD - Intraday - We look to Sell at 1.6879 (stop at 1.6919) Short term momentum is bearish. The bearish engulfing candle on the 4 hour chart is negative for sentiment. There is no clear indication that the upward move is coming to an end. Previous support at 1.6680 now becomes resistance. We look for a temporary move higher. Our profit targets will be...
EURNZD CHART ANALYSIS!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.