EUR keeps moving higher against commodity currencies, with EURAUD now already at 1.4300 mark, while EURNZD trades at 1.5440, which is near red subwave B) level so it appears that triangle can be finished. If that's the case then EURNZD may see extension up to 1.5600 this week.
My basic Monthly, Daily & 4hr chart analysis of EUR.NZD into next week. I will be updating this pair through the week post market open.
Week commencing 27/03/2017 Traders Dynamic Index DTF Bullish H4 Neutral H1 Neutral Structure Increasingly BULLISH – consolidating between 1.5208 and 1.5441 Current outlook BULLISH Trade idea SELL under 1.5208 BUY above 1.5441 BUY at 1.5320
Very nicesell opportunity with a very good risk reward ratio. Sl and tp as shown at the chart.
Hi guys, here we are on EURNZD and on the 4hr chart we're going through a period of consolidation. As you may know, in this kind of scenarios, harmonic patterns appear very often. On the chart above there's a Gartley and a Bat completing at the same level. If you're a pattern trader you should take this. Stops above X, targets as usual for patterns. If you want...
Hello traders. I am expecting price to reach yellow ( low ) rectangle and give a good signal to enter long. Target will be yellow ( up ) rectangle. Remember: You should always confirm my expectations with your OWN analysis.
Wait For Correction To Buy 2 Entries Listed
Hello traders, I am looking to buy EURNZD at the moment, it's in correction, you can place a buy limit or buy after the breakout. Trade according to your strategy. Trade with discipline.
EURAUD is possibly making a FLAT pattern at wave 4. Dont sell it yet, wait for minor wave 5 to complete. Target: 1.3871
EURNZD is in wave 4 and forming a triangle, currently in e subwave. Start buying after it finishes the e subwave. Target : 1.5560 or 1.5758
Hello everyone, we have an opportunity to short this pair short term only. I have highlighted the targets on the chart. For any questions leave a comment or DM me. Good luck
EURNZD is moving higher now, trying to break out of a triangle which suggests that fourth wave correction can be finished. As such, there is possibility for a push up into wave five which has projected target zone near 1.5600 area that will be expected to be hit next week, especially if price will close today above 1.5385.
Look at weekly chart. I see strong impulse + inside bar (if this day closes at this price). On daily and 4h price is making a flag. Or the price is collecting orders, picking up the volumes, liqudity. For what? Keep an eye on it. It may shoot to the sky on day)
In case price retraces to the lower parallel of this modified Schiff, I am going long with tp and sl as shown in the chart. The lower parallel of this pitchfork has acted as support previously, and its slope is pretty valid
$EURNZD holding minor support at 1.5323 for a bullish setup on daily #forex #currency #fx #fxsignals #ichimoku #eurnzd
On the EUR.NZD 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Cypher & Bearish Bat setup. Bullish Cypher Setup ( Blue ) - D leg completion 1.5244 Target 1 - 1.5297 Target 2 - 1.5328 Bearish Bat Setup ( White ) - D leg completion 1.5412 Target 1 - 1.5334 Target 2 - 1.5286
Hello everyone, here i have setup based on the bullish triangle that we have here. As you can see price has a very strong impulse on the left side followed by a correction indicating further bullish momentum. It also appears that price has finished 4 of its 5 waves and is bound to complete its E wave at the lower trendline. We also have a harmonic pattern...