EUR/NZD MULTI-TIMEFRAME ANALYSIS BASED ON THE ANALYSIS POSTED ABOVE WE EXPECT A MOVE AT LEAST TO THE DAILY LOWS
Eurnzd!!
VIDEO TRADE: EURNZD TO PUSH TO 1.7140In this video update, we take a look at EURNZD and how the market could find support at its current levels.
Price recently formed a weekly bullish engulfing candle off a key weekly demand zone. Price on the 4hr
chart is now forming a flag pattern with the potential to break to the upside.
Entry- 1.6790
Stop Loss- 1.6710
Target 1 - 1.6950
Target 2- 1.7140
EURNZD DOWNTREND CONTINUATION Looking at the EURNZD pair, daily chart we can see the current downtrend in play. Seasonally, EURO has it's best performing month in December however, NZD longs
still look in play as it heads towards the 0.7000 level. Technically this looks good for trend continuation and if we do see bearish price action here we could anticipate another impulse
move lower.
EURNZD ShortPrice has broken support and a possible short could be on the cards upon the retest of this broken support now turned resistance, among other factors.
OVERVIEW FOR THE WEEK AHEADOkay so I have the week mapped out, in Simply- DXY stronger, Yen stronger, Metals down and this week will prove my trade ideas and Directions of markets.
AUDNZD and EURNZD 2 in 1AUDNZD and EURNZD charts are both looking great for some downside movement. Watch this video cause these charts are looking very interesting.
EURNZD triangle lowerCurrently watching and waiting for this pattern to finish lower. If breakout to upside short at retest of highs
EURNZD Top-Down Analysis! Bearish Target to 1.7075!Breakdown includes identification of market structure, fibonacci and candlestick patterns.
Message me if you have any questions!
Stay a student of the market.
#QuantumCreations
EURNZD and EURAUD Short SetupsFirst time publishing an idea using the video format directly via TradingView.
If you like such format, do like this video and give me a comment below, and moving forward I will be sharing more of such videos.
Reminder - always remember to manage your risk before taking any trades.
EURNZD 4H Trade Setup-30m Timing-5m Entry PointThese 3 charts helps us understand how to use a 4H chart to find a trade, how to use a 30 m chart to find the market timing as not to enter too early into the trade, and the 5m chart to find the best entry point to give us the best risk to reward entry.
Macd helps us to find direction and reversal points from the Macd being over sold/bought from the stochastic 20/80 blue dotted level lines. The Macd red 0 level line helps to know trend bias (price above red 0 level possible bullish bias)
Take profit levels will be covered in an update.
Any question you have on the dual macd/stochastic send me a PM and I will be glad to help you setup this indicator.
EURNZD 3 Drives & Bearish CrabCrab within Bearish 3 Drives Formation. D point against a very Bearish Daily support Line & 61.8% of Daily Uptrend Break.
