EURNZD Short IdeaPrice rejected resistance zone amd pulling back. Pair is in an uptrend. Might pull back first before uptrend continuation. Might turn after hitting TP1 or TP2.
Entry 1.70300 - 1.70500
SL 1.71250
TP1 1.69500
TP2 1.68000
Eurnzd4h
EURNZD 4Hr Short!
As charted earlier, price Failed at Resistance 1.73619.
It is right to not overlook or under-estimate a retest at 1.73619 | 1.76831 zone for Short entries.
HOWEVER, recent price action suggests areas where price is likely to Experience Tests and highly likely FAIL so as to seek new Buyers at listed Target zones and finally drive price UP to new upside Targets 1.76823 | 1.81826 zone.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you, Happy Trading.
Trading Idea Regarding EURNZDThis Currency pair is adopting bearish behavior
1-Rasing Wedge Chart Pattern
2-About to break Uptrend Zone
3-Falied to break above Falling Resistance yesterday
EURNZD - SHORT - TARGET 1.62000EURNZD long rejected by its parallel resistance daily pin bar. short target is 1.62000
EURNZD SELL OANDA:EURNZD SELL FROM 1.7410
TP1-1.7120
TP2-1.6840
Hello traders this is my selling plan for eurnzd pair if you have a other idea please write on the comment below or if you agree please support with like my idea
POSITIONS FOR LONG EURNZD- Trading Roles in my strategy ;
-The First Entry Will Be 2% OFF THE CAPITAL
ALSO THE NEXT ENTRIES.
In The 3 Entry, We Reste Looking for EQUALITY OF TRADES And For Closing All The Positions In 0 Pips Profits and Losses
-Telegram > FxShell
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EURNZD, Possible sell setup, with impulse & corrective waves.If you want to trade this setup wait for breakout first.
Short EURNZD Longterm Based on Weekly + 1D Charts for 400+ Pips!Our current EURNZD short is going perfectly as expected. I would like to close the gap on the current short but there are yet a few major supports to break through and I believe a pull back to a previous major support/resistance will be necessary. Therefore, this opens up the potential to a secondary short trade to take this down further.
The 1W chart shows momentum to buy is diminishing as the volume is now decreasing and we can expect a further push down next later next week.
A very simple and clean setup with entry on pullback and a great Risk:Reward ratio.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
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 :)
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.
EUR/NZDI Think EUR/NZD make Head&Shoulder Patter and Uptrend . But it break trend line in RSI . it will be make Double Bottom.
Triangle descending EURNZDCarreful Volatility at 5PM ECB anouncement Volatility
Pattern short in Day also
Confluence in H1 With test of Major intermediary Support/Resistance level
EURNZD H4 Short Setup Ready NOW!EURNZD H4 short setup ready now.
Enter after checking your rules of engagement.
This trade has a great potential with a risk to reward ration of 1:6.
Enjoy your pips ;)
Any questions, feel free.
Zak
