Eurnzdanalysis
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 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 bias towards downsideTest short the position with little SL room as per downtrend continuation.
eurnzd
EURNZD - LONG
Why are we entering?
- Expecting NZD Weakness and EUR strength = EURNZD LONG.
Entry
by crossing 1.62440
Once entered, where will our Stoploss be?
- Below the area where price bounces off
Where do we take profits?
- First TP: 1.653
- Second TP: 1.69
- Third TP: 1.71
EURNZD (15) Seem Ready for a SHORT DropLooks like EURNZD will drop helpless 88pips as it has broken the market structure, hence headed back to retest the order block.
SL above 1.63555
Target 1 @ 1.62335
Target 2 @ 1.62132
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EURNZD Smart Money Buys! We have a nice bullish setup here. Looking to take our retail bottoms and shoot up. Lets wait for confirmation from our OB.
eurnzdEURNZD 30mins - We can see we're correcting again for a move higher. We can either break the bullflag without hitting the black trendline or we may go to the trendline support before moving
Still bias bearish on this pair forming triple topAfter bearish momentum, it is expected that this pair still move in a bearish momentum. Currently forming a triple top pattern.
eurnzdEURNZD blowing up running over 140 pips with 0 drawdown. 140 pips
lets do it
the link is below
A divergence signal appeared with EURNZDH4 time frame.
Structure: Downtrend.
Divergence signal appeared and Key level at 1.63000 was broken.
Wait for the price to complete the head and shoulders reversal pattern and have a retest to confirm the breakout, then you can find buying opportunities.
The profit target is the 1.65500 price zone.
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Wish you all have a good trading day!
eurnzdEURNZD - LONG
Why are we entering?
- Price created an impulse and is in a correction
- Expecting NZD Weakness and EUR strength = EURNZD LONG.
What are we waiting for to happen?
- bounce off the bull flag support
- If we don't get a bounce there, look for the double bottom
- Break of WFB trendline
What is our confirmation?
- Bounce off one of the levels mentioned
- break of WFB trendline
Entry
SAFE Entry: Bounce of structure and then WFB
Risk Entry: Bounce off bull flag/double bottom
Once entered, where will our Stoploss be?
- Below the area where price bounces off
Where do we take profits?
- First TP: 1.653
- Second TP: 1.69
- Third TP: 1.71
Strong rejection for bearish biasCurrently in a sell position with stoploss at the nearest high for this pair. Confluence with Nzd and Aud pair which shows strong bullish momentum. Currently retesting a break of the major trendline for a bearish bias for this pair.
EURNZDEURNZD looking forward to see the continuation of the massive bullish move after a slight retracement on Wednesday. 100pips+
EURNZD Short Side IdeaAn engulfing candle is form from the 4H Chart with high volume. I think that will be short positions till the 1.60 Area.
Al comments and suggestion are welcome!
EURNZDEUUNZD
Approaching price support 1.61313
Probability of price return
Increased demand for unbroken support
EURNZD Buy Opportunity Step By StepEURNZD has been pushing down quite nicely. As I am watching the 4 hour I see price has reversed. Let me break down the reversal on the 4 hour:
1. The last lower high was 1.62789
2. Price made a higher high at 1.62813
3. Price made a higher low at 1.61935
4. Price made a new higher high at 1.63083
All of this indicates at this moment buyers are in the market. The best way to participate is to anticipate a pullback. If this week, price can pullback and stay above 161935 that will be a good opportunity to become a buyer back up to 1.63083 if this is a true higher high.
EURNZD going for new highsHi there,
EURNZD is setting up for a long term buy, watch the bottom of the falling wedge to go long, target 1.72 to 1.74
Good luck
EURNZD BEARISH CONTINUATION 18/10/2021This is my personal perspective and personal trading plan, EURNZD entering end of phase B, and breakout from the base, EURNZD potentially drop till classic support (TAGET PRICE 152.395) ------- SL MAX (169.235)
SwingTradingIdea(EURNZD)(LONG)Waiting the price to reach the support level and form some kinds of bullish rejecting candle, and of course the stochastics buy signal on 4H or D. Considering the fact that price is below 200EMA this is bearish on Daily so I will make my TP level conservative. Risk Reward=1:3//Equity risk=1%
EUR/NZD SELL 4H 📉Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on downside.
- EMA's give us SELL signal.
- Break from uptrend channel.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
