EURNZD-LONG
EURNZD: Potential bullish bat patternHey traders,
On the EURNZD 4 hour timeframe we have a potential bullish bat pattern taking shape, where we have previously found support at the 38.2% Fibonacci retracement of the bigger move.
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EURNZD Waiting for Price ActionNews coming shortly, don't know if it will have an affect on this pair. I am waiting for price action to determine the trade.
EURNZD: Let the bullish move continueHey traders,
On the EURNZD we have a descending wedge forming. If we look at the speed from the last 2 4-hour candles, then it seems pretty likely that we will break this things to the upside.
Cheers
$EUR vs $NZD Daily Chart.Potential rally |#EURNZD #fx #eur #nzdTraders,
-EURNZD has completed its abc correction, internal structure of 2nd corrective wave ( 2 circle)
-Impulsed up (1) from 0.886 Fib retracements, bouncing from the weekly trendline.
Watch for buy near 1.54850, after some correction.
Hold your buy for a potential rally, watch price action when breaking the previous top.
-It could be still in internal correction of WXY (not showing it here)
Trade with discipline
Best
EURNZD will close above 163 123 Heading towards '2' wick aiming to break above and close.
also heading towards the 50% retracement level.
MONTHLY showing to fill in the Doji wick created in May.
potential buying opportunity double bottom eurnzdIf market the pulls down into this level I will be looking for divergence on the rsi and for hopefully a evening star pattern or a candle with a long wick doji candle. My stops will go below previous bottom about 10 pips above the wick and a first take profit at 1.59500 and second at 1.60139 area. Reason for second take profit is eurnzd has been trending up for quite a while and will hopefully continue. If you recall I was looking for buying opportunities on this pair last week. If you are more conservative look for 2618.
EURNZD Buy Set up H1 ChartWe see here that the price action continues to move up.
With the confirmation withe the Big Three indicator if it says green and we see a fractal breakout here then we suggest you go long here.
We will update this trade idea with potential targets if it triggers.
Let us know if you have any input on this!
EURNZD - D - LONG - TDIRSI50 is holding nicely on daily and I suspect it will do the same on other TF.
I'm still bullish on EURO pair. As always I target good RR trade and to follow trend.
Entry, SL and TP on charts.
GL HF
EUR/NZD Long opportunityHi Seildev here,
I'll be closely monitoring EUR/NZD over the next 48 hours.If daily close above 1.54000 then look for buy
- Nice doji candle formed last Friday 23rd/June
- Resistance channel working as support since Jul-16
- 1.54000 Psychological level and acted as resistance to the most recent structure
- Fib at 50% from low 8th/Feb to High 19th/May
- RSI low 30's
Target 1 @ 1.56413
Target 2 @ 1.58723
Safe trading
EURNZD BUYLooking at the EURNZD pair, we can see the pair has now broken through the trend line. Looking at the A.O indicator, we can also see Bullish Divergence . The pair broke above, and closed above the trend line and is now currently retesting the trend line, after bouncing off the 78.6 fib level.
EURNZD - LONGHere is my EURNZD view. I see a beautiful AB=CD pattern that would also complete an 1-2-3-4-5 Eliott Waves Pattern. On smaller timeframe we can also see another AB=CD pattern. Bollinger band is also oversold on mutiple timeframe. It is also a strong supply and demand.
EURNZD ready to go longello guys, as you can see there's an RSI divergence and we are in a good support zone. Im going long. Target in the chart. Have a nice day
best regards
EURNZD Counter Trend OpportunityWhen RSI/Stoch goes oversold and reverses. Buy to 1.57500 resistance.
EURNZD LONG term Support rejectionEURNZD LONG term Support rejection place your stop loss below the support
EURNZD LONGPrice may retrace back to break out of support zone at 1.48/1.49 area and proceed to move higher into 1.53/1.55 area at 200 day ema and resistance level.
