Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.79858 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.80981 Why we like it: There is a pullback resistance...
Hello,Friends! The BB upper band is nearby so EUR-NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.785. ✅LIKE AND COMMENT MY IDEAS✅
the EUR/NZD pair for potential retracements to former resistance-turned-support levels, indicating possible bounce areas. Resistance becoming support signifies a shift in market sentiment, with previous sellers turning into buyers. Additionally, the breakout zone, or "breaker block," might coincide with a demand area, suggesting strong buying interest and...
We see the formation of a bearish Gartley harmonic pattern in the descending channel. The role of dynamic resistance is also very important. A resistance that the price has reacted to many times. It is expected that the price will experience a drop to at least the 1.7850 range. A breakdown of dynamic resistance and the ceiling of the descending channel will...
Once the liquidity has been marked, we now have the correct market direction. Now we have to wait for a good entry confirmation... It seems to be going up and up... I recommend you to take an accelerated move to have a better risk/reward! Keep it Simple! If you liked it, don't forget to follow me! :)
the trading range in eurnzd is well defined by its first bullish move away from the point of interest at 0.702 fib retracement level on 1.7930. now it trades on a new bullish trading range between the high 1.8155 and the low 1.7900. the 4hr fair value gap makes for a good entry with a doji confirmation candle stick. this pair is ready for a buy
EURNZD Buying opportunity Appears in H4 Time Frame Looking Price Action for Long Term Buy Risk and Reward Ratio is 1:4 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by...
EURNZD analyzes currency pairs using a mix of fundamental and technical analysis, supplemented with some sentiment indicators such as the Commitment of Traders (COT) report, Leading Economic Indicators (LEI), external and endogenous factors (EXO and ENDO), and seasonal trends. Let’s break down the analysis: 1. Fundamental Analysis LEI, EXO, ENDO: All are...
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade. may market wanna put off all retail trader may copper are up so much that boost nzd for now i see 0 reason why nzd outperform...
Trade Plan: Short Entry: 1.80476 SL: 1.81065 TP1: 1.79890 TP2: 1.79300
Hello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hi fellow traders, EURNZD looks ready to make a move lower after completing the WXY correction in a flag formation. Target the 1,7143 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
welcome here is my eurnzd short idea its based on a overall bearish market price trading under 50% fib level of monthly and weekly candle price trading under all emas , weekly pivot and creating lower lows steadly lets see if we can ride a bear wave here
Weekly: -Inverse H&S pattern. -Bullish M pattern. -Imbalance rejected. Daily: -Inverse H&S pattern, -IC. 4H: -Inverse H&S pattern. -Imbalance acting as support
A Head and Shoulder pattern has been observed on EURNZD on the 1 hour time frame, following Bearish Divergence earlier, hence confirming a trend reversal, if the price breaks through the neckline. Trade Call: Short Entry: 1.79589 (Sell Stop) SL: 1.80519 TP1: 1.78689 TP2: 1.77789
Expecting to go long after retracement. Waiting for price to establish a clear bullish signal as clear confirmation bias. This is because we also expect price to continue in the direction of the uptrend by retesting the recent higher low near last week low, keeping in line with the overall trend and Elliot Wave analysis
Quick Summary As we know on my last post EURNZD was buying. Another zone has been reached with opportunities of more buy entries. An upcoming push to the upside will come in the upcoming days. With the already formed ascending triangle that has been made on our 1.80860 resistance we have a strong continuous up movement to look forward to.
Hello Traders, I hope every one is doing good. On EUNZD Im expecting a down trend, it's on the very strong resistance and we you check your H1 yiu can see some reversal candles, so I'll be monitoring dc pair dc week. NB:NO REVERSAL PATTERN NO ENTRY.