The 1st and 2nd degree impulse pattern? Or the corrective patterGreetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
Frist Analysis
Eurnzd!!
EURNZD On The Rise! BUY!
My dear friends,
My technical analysis for EURNZD is below:
The market is trading on 1. 7965 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8073
Recommended Stop Loss - 1.7910
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
EURNZD Will Go Up From Support! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.798.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.807 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry - 1.7965
Stop - 1.7910
Take - 1.8077
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURNZD Trading Opportunity! BUY!
My dear followers,
I analysed this chart on EURNZD and concluded the following:
The market is trading on 1.7959 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8048
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
EURNZD - Downside Momentum PlayI see high probability to the downside for the week ahead. Here's a breakdown of the five key points I'm looking at.
Price tops out in late-August of 2023.
Price fails to push above previous highs, which serves as another indication that this range marks a relative high point for this pair.
Price re-enters this range, but sits lower than the previous high at #2.
Very repeatable pattern as price re-enter a lower range.
Watching the break and waiting for momentum to pick up to the downside as price is beginning to accelerate last Friday.
EURNZD: Bullish Continuation is Highly Probable! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURNZD chart which, if analyzed properly, clearly points in the upward direction.
❤️ Please, support our work with like & comment! ❤️
EUR/NZD BULLS ARE STRONG HERE|LONG
Hello,Friends!
EUR/NZD pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.805 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
EurNzd could drop to 1.75 (500 pips)After the top near 1.85 in August, EurNzd dropped almost 1000 pips.
In October the pair started to recover, but failed to reach the previous high, instead found a strong ceiling at 1.82.
Since then, EurNzd tried multiple times to pass above this ceiling and dropped back to 1.8 each time.
1.8 acts as a very important psychological level but also as an important technical horizontal support.
A break of this support seems imminent and in such an instance, EurNzd could accelerate its decline to 1.75.
I'm bearish this pair and I'm looking to sell rallies for a good risk:reward.
↑ EURNZD, potential 30-40 pips move to profit fromI believe this trade has the potential to retest the previous resistance, which is approximately 30-40 pips distant. Should it succeed in breaking through, it is likely to maintain its upward trajectory. The presence of a strong 4-hour lower shadow indicates that buyers remain active in the market. Additionally, the overarching market trend is bullish. The Euro is currently experiencing buying interest, while the Swiss Franc is at a 52-week low.
EURNZD | THIS COULD GO FURTHER UPHey Traders!
I believe this trade can re-test the previous resistance about 30-40 pips away, if it manages to break it then it will likely continue its bullish trend. Strong 4h lower shadow suggests that buyers are still in the market. Overall market trend is also bullish. EUR is being bought and Swiss is on a 52 week low. ✅📈
EURNZD H4 | Potential bullish reversalEUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.79968 which is an overlap support that sits under the 61.8% Fibonacci retracement level.
Stop loss is at 1.78600 which is a level that sits under a swing-low support.
Take profit is at 1.82605 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURNZD: 14/11/2023: Time to sell?As you can see market structure is bearish now and the price is in an external order block which has a high probability of selling.
Please pay attention to the liquidity pool above the major high. The price may sweep the liquidity and then fall.
We need LTF confirmation for entry.
💡Wait for the update!
🗓14/11/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
EURNZD H4 | Potential Bullish breakout?Price is rising towards our buy entry at 1.8263, which is a multi-swing high resistance level. We will have buy stops ready for when price breaks out of this resistance zone. Our stop loss is at 1.8158, which is a pullback support level. Take profit is at 1.8360, which is a swing high resistance level, aligning with the 61.8% fibo projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
eurnzd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EUR/NZD Sells Active - Swing Trade - Key Resistance 1.80500I have just taken a sell position on EUR/NZD expecting some good selling pressure over the next couple of weeks.
From a technical perspective we can see price has come into the 1.08500 level which is a key area of daily/weekly resistance where in the past the market has reacted from favourably.
I am expecting again a strong reaction from this area.
I will not be going into the entry confirmation for this trade idea.
Stoploss is going to be at the high of the current daily candle.
Targets have been outlined within the screenshot provided.