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EURNZD

EURNZD 20/8/23EURNZD has become one of our main pairs after we back tested over 12months of PA and had increased returns, now we follow this pair on a daily basis! super simple sell range here so we are going to go for a short at our POI if we meet our entry requirements, NOW as we have such a large range we are using a confirm entry to get the best idea of price dropping or leading us higher. cons are good for this range, liquidity, POI high volume, bank zone at our POI and overall clean break of the last range. **KEY NOTE** Jackson hole meetings this week that always shake up the markets so please keep an eye on that event! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
EURNZD AUGUST MONTLY STRUCTURE OHLC(SELL SIGNAL) 🔻🔻🔻🔻EURNZD AUGUST MONTLY STRUCTURE OHLC(SELL SIGNAL) 🔻🔻🔻🔻 Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. "Analysis of FX:EURNZD EURNZD Monthly Price Structure for August Identification of Open, High, Low, and Close Prices Indicates a Potential Sell Signal Upon observation of the monthly timeframe, it is evident that the EURNZD pair has commenced the current month by establishing a notably elevated opening value. This is notably observed when focusing on the High price within the daily timeframe, notably situated at the level of 1.83365. This level has proven its significance as a point of strong rejection, thereby serving as a potential indication of bearish sentiment. Considering this setup, it is advised to adopt a cautious approach and await the confirmation of selling interest before initiating any trading actions. The calculated targets for this potential selling scenario are defined as follows: The initial target is set at 1.80843 , followed by a secondary target at 1.80109 . Additionally, the daily open target is identified at 1.78663 . To further ensure the validity of this selling proposition, it is recommended to await a definitive crossover signal from the Traders' Dynamic Index (TDI) indicator. This would substantiate the presence of sellers in the market and provide a more informed basis for making trading decisions. Exercise prudence and patience in light of these technical indications." Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
EURNZD I Bearish divergence and wick failureWelcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
22
EURNZD ____ TRADE IDEA FOR DAY TRADERS & SEMI-SWING TRADERSHello Traders, EURNZD rallied almost throughout this week and at some point it is expected to retrace. If you go on your monthly chart and use your Fibonacci to calculate the extension, you would notice that price just traded to the first expected price target and it make sense that the price should start the retracement from there. On the 1-hour chart, you would notice that a CHOCH has formed which could lead to a retracement in price. Follow for more updates like this. Cheers, Jabari
Short
by jabariofafrica
3
EURNZD - Getting Over-Bought ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURNZD has been overall bullish trading inside the rising channel in orange, however it is currently approaching upper bound of the channel. Moreover, the zone 1.81 is a strong resistance zone. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue supply and upper red trendline. As per my trading style: As EURNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
EURNZD ____ INCOMING BULLISH MOVEHello Guys, Let's break down EURNZD together... On the monthly timeframe, we can see that the bullish rally is meant to continue as the retracement seems completed. On the weekly timeframe, you will notice that price formed relatively equal highs (buy-side liquidity) which as you will know attracts price to sweep it. You will also notice that last week's candle depicts the continuation of the impulse leg. On the daily chart, we have a W pattern that is currently trading at a supply level (this could give cause to the retracement). You will also notice the order block of the daily chart is the same as the weekly chart. What next you may ask... I will be looking to capitalise on a short-term sell if I get an opportunity with my target to be the order block below... and I will monitor price once it enters the order block to go long. I have 2 targets for my bullish trade... the first one (yellow line) was gotten on the weekly timeframe while the second one (red line) was gotten on the monthly timeframe. Do you like the way I did this analysis?... should I continue in this form? let me know in the comment section. See below for EURCAD analysis. Follow for more updates like this so you don't miss out. EURCAD ANALYSIS Cheers, Jabari
Long
by jabariofafrica