Hey traders, I like a long here above resistance. There is likely a density in demand here for both a short squeeze play and a long entry. Breakeven at 1:1. Cheers
EURNZD just came back to Major Resistance on the Daily timeframe. This is the first time it came to this level after a bear trend. So I am expecting a correction from this point to previous support. If the Resistance dont hold. Then I will look to short at the next Resistance.
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Eurnzd Trading around 1.5630 level if we see daily chart pairs monthly top seems around 1.5850 where seems strong supply zone above 1.5730 pair reject above 1.5750 last time and drop badly . Seems history may repeat. where if hold above is monthly top 1.5850 then we can see a jump of 300-500 pips more. Sell can b from current price also but ideal price for sell...
as we see Gartely Pattern approached point D. i ll buy the pair from current levels (targets & SL on chart). and i ll put Buy limit @ 1.5240 with same targets and SL.
On the EUR.NZD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 1.5222 & 1.5200 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
Just entered a new Short position on the EURNZD pair for 2 profit targets. Target #1 = 30 pips this has a 95% hit rate Target #2 = 50 pips this has a 73% hit rate Good luck traders
On the EUR.NZD 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.5399 & 1.5483 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
we had a big drop on the EURNZD this morning and I expect further downside. A flag is now forming and once it is completed it will continue to the downside. Currently holding short from 1.53
EURNZD has currently formed a bear flag, broken out, and retested. I am looking for sell to my -1.270 fib target.
50% & Previous support/resistance zone around round number 1.52-ish
potential short. Waiting for asia session potential stop take first.
We are watching EURNZD for a daily close below the 14.6 Fib Extension level, if we get it and our mathematical formulas still recommend a short we will be taking a position for our portfolio.
1.51 / sHORT ON EURNZD. I think that NZD is overvalued and the eur is undervalued & i expect a correction will start soon for NZD.
Hi guys, this time i choose to use this layout so that you can better undestand the thought process behind this opportunity. As you can see on the left (daily chart) in the past weeks price has been consolidating between 1,520 and 1,545. However, last thursday, price has broken to the downside with a big bearish candle followed by another candle closing below...