EURNZD It will break the triangle upward +160 PipsWelcome Back.
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In the event that it continues to rise, this is considered a break of the marathon, so this break will be positive and it will move towards the upside to the resistance indicated on the chart.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
Eurnzdforecast
EurNzd- strong reversal from supportAs I said yesterday, EurNzd looks bullish with strong support around 1.75 zone.
The pair had a quick dive under this zone and reversed strongly to be traded around 1.76 at the time of writing
I maintain my first target of 1.78 for this pair and, if the day is closing with bullish engulfing we can see my target reached sooner rather than later
EurNzd- 1.75 is strong supportAfter reaching 1.8 important figure, EurNzd dropped fast and found support at 1.75 zone.
The pair si consolidating now just above this support and a new revisit of 1.78 resistance is probable.
I'm bullish on this pair as long as the price says above 1.75 on the daily close basis and buying dips is my strategy
EUR/NZD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
EUR/NZD: Daytrade-Execution
Market-Sell-Order: 1,76150
Stop-Loss: 1,76650
Target 1: 1,75750
Target 2: 1,75500
Target 3: 1,75000
Stop-Loss: 46 pips
Risk: 0,5% -1%
Risk-Reward: 2,63
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Peace and good trades
Irasor
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EURNZD SHORT- Dump from supply zone, expected retrace back up
and another dump.
- 1.75859 has acted as a good support level, increasing
the likelihood of price retracing once it closes around
this level.
- Entry set to bottom of the supply zone, with stop loss
just above the supply zone.
- Target will be the last lower lows.
EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
EUR/NZD: Day-Swingtrade-Execution
Market-Buy-Order: 1,77240
Stop-Loss: 1,76470
Target 1: 1,77950
Target 2: 1,78360
Target 3: 1,78915
Target for One-Target-Trader: 1,78360
Stop-Loss: 74 pips
Risk: 0,5% - 1%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
EUR/NZD: Daytrade-preparation!!! LONG 26/OCTEUR/NZD: Daytrade-preparation!!! LONG
#Swing
Eurnzd
Market-BUY : 1.77200
Stop-loss : Close Break 1.76800
Target1 : 1.78350
Target2 : -
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EurNzd- buy at 1.77 zone?Two days ago, EurNzd put a nice Pin Bar in 1.76 zone visible on the daily chart and, with yesterday's bullish daily candle this completes a morning star candle formation.
On h4 chart we can clearly see that the descending trend line is broken and now the pair is consolidating with a slight tent of correction (a flag more or less)
1.77 could be a good place for longs and only a drop under support would change this bullish outlook.
1.8 could be the target for bulls which gives them a R:R of more than 1:2
EurNzd outlookAfter reaching almost 1.8 important resistance zone, EurNzd dropped and found support in 1.76 old support zone.
Now the pair is correcting this move and I expect a new leg down after this correction.
Sell rallies is my strategy for this pair and a good place to search for selling opportunities is above 1.77
EURNZD LONG PRICE ACTION FORECAST Price has got a rejection from a support level at 1.7587 handle, expecting now for the price action to create a fresh new high to confirm a bullish momentum towards the supply area. A long entry could be set only after confirmation with the following elements.
The order:
Type: sell-stop
S/L: 60 pips - R:R | 1:4 -
T/P: previous supply level
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EURNZD, 4hr tf, SHS pattern with ichimoku confirmationHello my friends,
Another nice setup come to my screener is EURNZD pairs.
It looks like there is a SHS pattern forming and we could see price rotate lower soon.
Price already broken below the neckline and we are now waiting for a bit retracement before selling this pair to the downside.
Notice also price below the kumo cloud and it is red colored. Parabolic SAR also swithced from below to above the price so we could say sellers are pressuring this pair.
Sell limit EURNZD 1.7745
Stop loss 1.7810
Take profit 1 at 1.7680
Take profit 2 at 1.7615
Take profit 3 at 1.7550
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck