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Eurnzdidea

EurNzd- are "we" breaking up?Although the trend is grossly down for EurNzd, from the beginning of the year, the drop in the pair was marginal, forming a falling wedge. A bottom seems to be in place at this point at 1.6650 zone and is marked by a double bottom on shorter time frames. Now the pair is trading at 1.68 which is also the resistance of the wedge. A break here would expose 1.7 zone and 1.73 furthermore (the target for the pattern) Buying dips can be a good strategy for this pair
Long
by Mihai_Iacob
9
EUR/NZD SELL IDEAHey tradomaniacs, welcome to another 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: Swingtrade-Preparation Market-Sell: 1,67630 Stop-Loss: 1,69000 Point of Risk-reduction: 1,66545 Take-Profit: 1,63180 Stop-Loss: 137 pips Risk: 0,5% - 1% Risk-Reward: 3,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
Short
by Trading2ez
13
EurNzd- break of falling wedge for 500 pips profit.Since the beginning of the year, EurNzd is trading in a falling wedge, with the price making marginal lows. On shorter term time frames, the pair made a small double bottom which can give us the idea of a turn. Now EurNzd is facing confluence resistance of horizontal 1.68 level and the resistance of the wedge and a break here would confirm the reversal and gives scope to 1.73 resistance. Also, a buy trade for this pair would have a great R:R
Long
by Mihai_Iacob
15
EURNZD short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
EURNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EUR/NZD PAIR BREAKDOWN👋 Hey there traders, and welcome to a brand new pair breakdown! 📌 If you like the content that I produce for you all, show some love by smashing the like and follow button, also, leave a comment! That keeps me motivated to produce more content! 📌 Why should you follow me on Tradingview? I'm transparent. I provide educational content. High probability setups I explain all my steps in-depth 📥 If you would like me to analyze a pair, or discuss something educational and or trading related, let me know via private message, or drop a comment! I always respond to all the comments! :) Keep in mind that the analysis provided is not 100% accurate and that you can never be certain about the markets. This information given is not financial advice, always do your own research. Thank you for your time, and let's destroy the markets together!
by UnknownUnicorn7363578
EurNzd- to see range trading?Undoubtedly Nzd alongside Aud was one of the strongest currencies at the end of 2020... With its Euro counterpart though, after finding a bottom and reversing at the beginning of December, Nzd found strength again but didn't manage to clearly make a new low under 1.6950, instead it confirmed this support and put in a tweezer bottom candle formation on the last trading day of 2020. I consider 1.6900-1.6950 strong support and EurNzd can start trading in a range with resistance around 1.73 zone. I'm bullish on this pair and only a clear drop under 1.69 would change my opinion
Long
by Mihai_Iacob
2