EURNZD to find sellers at previous resistance?EURNZD - 24h expiry
Our short-term bias remains negative.
The lack of interest is a concern for bulls.
Previous resistance is located at 1.7440.
We look for a temporary move higher.
50 4-hour EMA is at 1.7420.
We look to Sell at 1.7447 (stop at 1.7517)
Our profit targets will be 1.7267 and 1.7227
Resistance: 1.7350 / 1.7400 / 1.7440
Support: 1.7305 / 1.7270 / 1.7200
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EURNZD
EUR/NZD BEST PLACE TO BUY FROM|LONG
Hello,Friends!
We are targeting the 1.740 level area with our long trade on EUR/NZD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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EURNZD: Classic Top-Down Trading Setup 🇪🇺🇳🇿
EURNZD reached a key daily structure resistance on Friday.
Testing the underlined yellow area, the price formed a head & shoulders pattern on 1H time frame.
Its neckline was broken during the NY session yesterday.
I expect a bearish continuation to 1.735 / 1.725
For entries, consider an occasional retest of a broken neckline.
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EURNZD I Potential move downwardWelcome 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.
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EUR/NZD sell set-up , possibility of a drop to 1.7320EURNZD rallied strongly on Friday. However, we are seeing the formation of Bearish price
action in the dynamic resistance of the 4Hour chart. There is a possibility of a fall to
1.7320 if this resistance zone holds.
The above sell set-up will be invalid if price breaks upwards through the resistance zone.
Eur/Nzd (Sell SIgnal On The Day Chart) Eur/Nzd has begin a new downtrend on the day chart.
This downtrend pulled back... And Should Now Continue...
This is a trend following idea on the day chart which means it can be a swing trade for 300 pips or so...
I will update later with my take profit areas.
Fake breakouts so far. We are still in short from Friday on this pair, the reason for not exiting the trade so far is failed breakout of the downtrend, all attempts failed as we see. The sole purpose is to hit the stop loss of many traders. Every deal we enter has an exit point and an entry point in our records. The exit point is a close above a supply area or a candle close below a demand area. This is how large corporations trade. And that's the right way.
EUR-NZD Is Overbought Now! Sell!
Hello,Traders!
EUR-NZD went up sharply
And the pair is locally
Overbought so as it is
Now retesting a strong
Horizontal resistance of 1.753
I think that we will see
A local bearish correction
Sell!
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Eur/Nzd (Pullback Trade Idea)Eur/Nzd moved down hard...
We are showing a new buy signal from a area of psychological resistance on the 15min time frame...
The plan is to buy now with a 60 pip stop loss...
2 Take Profit Areas are on the charts...
This is a counter trend trade idea and these pullback trades are not recommended , but im going to take it anyway....
Im trading very small and im using risk management... (Even if it fell to 60 pips, I can still hold the trade and not lose even 1 percent of the account)