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 :)
Eurnzdbullish
EURNZD (Daily)EURNZD Daily chart price is reaching at an area where retracement might occur! after a retracement there is a possibility of consolidation before entering a long opportunity all the way to the key level of 1.61450
PS: This is not a trading signal just a market idea, please use a valid strategy to enter this trade, if you are not educated enough in the forex market do not trade it! wait for clarity and correct signs before entering the trade! there is no 100% guarantee in trades! know how to risk manage your trades!
AceTeam FX #Forex #forextrader #forextraders #forexmarket
EURNZD Time For A ChangeEURNZD will either break the channel and continue short or it will reverse. The general trend is downwards but I have a feeling it might do a reverse and rise shortly before dropping again. It looks oversold. I'm waiting to get a confirmation before going in. Break of trendline if short, break 10EMA if long.
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 High Probablity Buy Set up with Good Risk Reward Lots of good things happening here. Price is at a key support level that has been confirmed previously by two Bullish Engulfing, and has confluence wit S1 pivot support. Two Bullish Engulfings have recently formed. RSI 2 indicates oversold, There was a close below the lower Bollinger Band. Stochastic has moved upend we have a break of resistance of an ascending triangle pattern.
No Major resistance levels until R1.
Risk is 1 to 1.8
Look at highlighted yellow square for a similar set -up
EURNZD: nice longHi everyone!
This week we start with EURNZD. It shows us good tech signals about possible long movement.
So we think about buy a little part and be ready to increase the position.
Anyway, we have two plans about EURNZD:
Plan A : today during trades we're going to open a long position:
Stop-Loss: 1.54711
Take-Profit: 1.59540
Profit ratio: 2,07
Plan B : in the case we see weakness of EUR we should be ready to sell after 1-2 days of down trades.
For more ideas visit: mercuriusam.wordpress.com
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) Daily - Speculation and AnalysisWe have a bullish Flag in daily time frame, buying after a break out.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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EURNZD - Long Positon For Atleast 1200 PipsBased on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position for at-least 1200 pips.
In a low time-frame (4hrs) this long position is also conformed for at-least 800 Pips.
TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point or 1.51400, you can still catch 800 pips till TP1 is reached, however there is still a possible move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, If you like my analysis :)