Eurnzdanalysis
EURNZD Long almost cooked upWait for the retest of the bright blue-green declining trendline on the 1HR chart and enter on success
Looks clean, initial TP will be at the previous swing highs as indicated
Depending on momentum at this point may leave in 30% to try to run higher as the shape height suggests the TP should be nice and high
Stops just below a key SR level, not risking more than a couple % of my account!
Lets run it...
EUR/NZD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
EUR/NZD: Daytrade-Preparation
Notice: All trades are risky due to thin volume -> Sudden volatility can always appear.
Market-Buy: 1,72150
Stop-Loss: 1,71700
Point Of Risk-Reduction: 1,72550
Take-Profit: 1,73000
Stop-Loss: 45 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EurNzd- I'm maintaining my long tradeAfter it has found a bottom in 1.7 zone and a first leg up to 1.735, EurNzd made a higher low at around 1.7050 and for 10 days now is trading in a range.
I expect this range to be broken to the upside and a new leg up to follow.
My target for this trade is 1.7500 with interim resistance at 1.7350 (previous high)
This bullish outlook is valid as long as the price stays above 1.7050