EURNZDDue to the slowing down of the upward movement, the probability of returning from the red zone is very high.
Oscillators confirm this idea to a large extent.
Eurnzd1hr
EURNZD Hrly short | Algo training **EURNZD hrly short**
shortstop @ 1.70609
TP #1 @ 1.70130 74.36% wr
TP #2 @ 1.69633 56.41% wr
SL @ swing high 1.71658 17.95% hr
EURNZD SELLAccording to market structure , a bearish movement is there and steep flag breakout providing a good confirmation of strong sell with a good bearish candle 🙌
EURNZD 5/15/2020 Analysis * GOING BEARISH*CURRENCY PAIR: EURO/KIWI
FORECAST: PRICE TO MOVE TO AS LOW AS 1.7850
CURRENT PRICE: 1.8000
SL: 1.8054
EURNZD - Incoming Drop PossibilityKeep an eye out for EURNZD. It has dropped under the 1H 50 EMA.
As long as the 50 EMA holds as resistance, we have a go for a move back down.
Put your SL above the 1H 50 EMA with a little bit of space to it in case of volatility.
Trade safe.
EUR/NZD - 300 Pips ShortA potential big drop is currently imminent on EUR/NZD.
*Important: To enter this move, wait for the breakout of 1.77 and the resistence under it. If it does not break this level, then this trade is invalid.
Once broken and the resistence found underneath it, it can go anywere near 1.74
Trade safe.
EURNZD low risk Buy setupEURNZD have rallied quite sharply from past few weeks, i am expecting it to retest the highs around 1.7470 area. Since momentum is still intact with the price action so i would recommend to play long.
Have a great weekend!
EURNZD Short TermEURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to downside-so I am looking to short it around 1.6534-63 for a target to 1.6333, stop above 1.6629
Short term sell on EURNZDWhen the price tag the low, then be careful because the reversal for one more impulse is possible.
My 1st Trade Idea: Buy EURNZD Based on 4H + 1D ChartsNote: My charts are usually very messy, so I've re-done it and removed a lot of unnecessary indicators etc so you get the overall idea.
1D chart shows a nice clean uptrend on the EURNZD consisting of HL and HH, 4H chart confirms the last candle closed on the EMA200 line, which is also the lower channel of the uptrend (conservative entry would be waiting for a bullish 4H candle). The 1H chart also shows a bullish hammer is completed.
Please do your own analysis, this is just my opinion of a possible trade entry I am considering.
1.57690 is a major support=resistance which is the exact position price was rejected and formed hammer pattern in 1H chart. However, we are still below 1.5800 which is also another major support=resistance - one could say, this is a support/resistance channel which we must break above to confirm continuation of bullish movement.
Please share your views and opinions below :)
EUR/NZD Potential Sell SetupAfter a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right shoulder of this pattern while you had to wait for breaking the neckline of the SHS. In this setup, our right shoulder is @ 61.8% Fibonacci Retracement level and I hope the Stoch RSI will also turn "Over Bought" when we'll reach our selling zone.
Trade Safe :)
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EURNZD short termthe 1.4720 zone looks to be a strong area of support so ill be looking to take a long up to my 200ema(blue). Both MACD and Momentum have been going bullish on 1h and creating higher lows where as market price has been staying low.
EURNZD shortterm Both Momentum and market price are approaching resistance points. The entry point is also set at the 200ema which if broken would make the trade invalid.
Double Bottom with divergence at daily supportHi traders,
this morning i've spotted a chance to get involved with a eurnzd opportunity.
As you can see price has been falling all over yesterday, and today we found a daily structure level that seems to hold. Actually price has formed a nice looking double bottom with rsi divergence and we also put an engulfing candle at the end of it.
This is enough for me to enter the market long, with the first position at 1:1 and the second along with structure analysis.
Hope you enjoy! Don't hesitate to ask if you need
EURNZD roadmap... almost 500 pips up for the taking!Afternoon traders,
I trust everyone is enjoying their weekend and looking forward to the open.. here we have a great opportunity to get long on this pair in to previous structure with an attractive r:r
#roadtomonaco
Your comments and likes are always welcomed, thank you.
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EURNZD Long Short TermI see Eurnzd going long since it broke a recent trendline. Inverse H&S on the Daily as well. Comment if you like/dislike. Open to other ideas :)
