EURNZD multiple-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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Eurnzd4hr
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURNZD create bullish patternEURNZD create strong bullish divergence in 4hrs. On the other hand in daily its now at over sold with hidden bullish divergence; So i anticipated EN will bullish!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURNZD H4EURNZD
In the 4-hour time frame, it hits the bottom line of the trend and is ready to climb.
If it goes according to the analysis, the first target is the red line and if it crosses it, it is predicted to the top of the channel.
The general trend of this currency pair is bullish and
This analysis fails if the canal floor is broken.
** This is just a personal analysis **
Give your comments below.
Good luck
EURNZDOnce again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on Monthly however before taking a position, I will wait for price to break through some of the identified zones. If on the other hand Price chooses to continue in the bullish run, I will equally wait for it to break through the zone before executing
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Past results does not Guarantee Future Results, do your due diligence.
Trade Rules:
Use proper risk management
When the trade is taken, once in 20 pips profit, breakeven and protect your capital
As trade moves, look for fresh entries in line with the position taken
EURNZD selling opportunityAfter reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory
At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD
And major resistance was broken and the resistance turned as support for the downfall
the primary target would be 1.74180 and the next target would be 1.72700
EURNZD: Range Opportunity Pending Long Bias at Test of Buy-Zone
Current Overview:
Monthly: Sell
Weekly: Sell
Daily: Buy
4Hr: Sell
60Min: Sell
Additional uncharted upside target: 1.8416
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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