Note: My charts are usually very messy, so I've re-done it and removed a lot of unnecessary indicators etc so you get the overall idea. 1D chart shows a nice clean uptrend on the EURNZD consisting of HL and HH, 4H chart confirms the last candle closed on the EMA200 line, which is also the lower channel of the uptrend (conservative entry would be waiting for a...
Hey traders, On the EURNZD we have a potential bullish bat pattern taking shape on the hourly timeframe. Completion of this pattern is at point D. Good luck!
Hey traders, On the EURNZD 30 minute timeframe we have a potential bullish bat pattern. Completion is at point D.
EURNZD 15 minute potential bullish bat pattern
My brief Daily EUR.NZD chart analysis. I will be updating this pair on multiple timeframes to give a clearer insight into what i'm watching.
Hey guys heres an update on the previously posted setup on the same pair. That entry is already in profits and this is the second entry on the pair. Should be very quick if it gets triggered Cheers
Not live trades. Unfortunately didn't take the short trade from the 1H supply zone, but seems to be working out well. Drop-Base-Drop with two candles in the base.
More confluence signify decreasing demand
Hey how is it going guys! Been a while since i last posted, been spending time in sharpening my own skills. Heres setup that is active. Trade with care
After a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right...
A possible sign of weakness showing up. Support gets broken and turn into resistance zone that provide a good LRE trade PA is not showing retracement at the moment, should it just drop, I will not chase after this pair.
A divergence has formed on the MACD together with stochastic oversold conditions. I expect to see a rally back into the previous support level.
Lat week printed a bearish engulfing candle so expecting to have a retracement to the demand level between the 0.618 FIBO at 1.552 and 0.786 at 1.5338
Price broke below the lower parallel of the upsloping modified Schiff pitchfork indicating a change of behavior. Our view now is bearish and what we should watch for is a structure that will gives us extra evidence that sellers took control. A bearish flag is a great indication on that..! So wait for a correction and sell EURNZD
Looking for a last kiss short entry AFTER a rejection of the 4hr trend line. Could even break the trend line and retest the bottom and continue short.
For those who trade Elliot waves, this is an insane set up. We've seen a big selloff and a consolidation on the trendline after a full 5 moves impulse. Now its time to drop Para los que operan ondas de Elliot, esto es un setup increíble. Hemos visto un desplome seguido de una consolidación en la linea de tendencia después de 5 movimientos del impulso. Ahora es...
Hello Traders, EURNZD has provided a potential "playing field" for price to adhere to. Look for the Red S/R line to act as the magnetic force pushing price lower. Once that field is broken, look for the Green line to act as the next level of support. The Green line is our target with a more specific target area defined. I have provided a possible trajectory for...