NZD is gaining against the other currency pairs. Eurnzd has been consolidating in the area, and its about ready to break out. Daily RSI is now printing lower highs. A break of the 1.52200 level and we can expect the 1.45 area
This pair will either flag for the upside move or we will see the last move down before the upside commences. It is at a very pivotal point as we will know very soon whats happening. Buying the flag atm is very risky ... STILL UPSIDE TO COME WAIT FOR IT
Hi guys, this evening i want to share with you a nice setup on EURNZD. The black line represents a daily structure level that should act as support: indeed, price failed to break that level and instead it has created a double bottom with RSI divergence. Then, price also broke to the upside the neckline and it's now pulling back to 618 retracement that seems to...
Hi guys, this evening i want to share with you a nice setup on EURNZD. The black line represents a daily structure level that should act as support: indeed, price failed to break that level and instead it has created a double bottom with RSI divergence. Then, price also broke to the upside the neckline and it's now pulling back to 618 retracement that seems to...
Hi traders, On the EURNZD 1H timeframe we have a potential bullish bat pattern taking shape. Entry: 1.51976 Target: 1.52670 Good luck people! Updates will follow.
Bullish bat pattern seems to be forming on H1 chart PRZ at good support level Awaiting RSI to hit oversold level R:R at 1.1 (TP1) and 2.3 (TP2) I will update when pattern completes.
The price in the encircled area is very choppy which brings me to believe it is going to follow its previous impulse up. There is no projection of how far it could go. However, any upside breakout might mean the BIG UPMOVE for EUR/NZD. This is why I am going to grab each opportunity.
EURNZD potential bullish Gartley pattern set up on h4 chart. Waiting for BC and CD leg. This is high risk trade.
FX:EURNZD Double bottom violation will invalidate the bullish thoughts Safe Trades;
Hi guys, just wanted to share with you this setup that i'm selling right now. As you can see we have a nice Gartley pattern and right at the D point price has created a double top. Stops above the highs, target at the 382 and 618 retracements. If you want to share your idea or simply ask questions, feel free to comment below. Otherwise, see you in the next chart!
Hi guys, just wanted to share with you this setup that i'm selling right now. As you can see we have a nice Gartley pattern and right at the D point price has created a double top. Stops above the highs, target at the 382 and 618 retracements. If you want to share your idea or simply ask questions, feel free to comment below. Otherwise, see you in the next chart!
Selling at a level where price is testing at previous support level, now resistance with a risk/reward ratio more than 2.5 to 1 is a nice idea
EURNZD is Reached at Very Interesting Level... it would be a bounce back from this level to top again...
Price is in an expanded correction after the push up by buyers. Given everything stays the same, then buyers can start pushing price up again. Therefore, buying within the correction with the expectation for a bigger move is a good trade. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.