Eurnzd Analysis - 2 October 2020Possible long setups might form if the price reacts at this zone..
Monitor price action for bullish setups to go long..
Note :
Use your strategy also and crosscheck before entering and trades..
Eurnzdidea
EURNZDOnce again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on Monthly however before taking a position, I will wait for price to break through some of the identified zones. If on the other hand Price chooses to continue in the bullish run, I will equally wait for it to break through the zone before executing
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Past results does not Guarantee Future Results, do your due diligence.
Trade Rules:
Use proper risk management
When the trade is taken, once in 20 pips profit, breakeven and protect your capital
As trade moves, look for fresh entries in line with the position taken
EUR/NZD SHORT IDEA Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/NZD: Daytrade-Preparation
Market-Sell: 1,76390
Stop-Loss: 1,76935
Target 1: 1,75870
Target 2: 1,75350
Target 3: 1,74990
Target for One-Target-Trader: 1,75350
Stop-Loss: 54,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,60
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Peace and good trades
Irasor
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EURNZD falling below 1.77000 what is the next level?EURNZD
📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another.
📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland was the recent hindrance for the New Zealand dollar. There is no major economic events in this week apart from daily auction prices
📍 Positive vaccine news will boost the New Zealand dollar. In smaller timeframe the price is trading below the 50% Fibonacci and the major price action level
📍 RSI is below 50 level and turned towards south. Expected weekly trading range will be from 1.78000 to 1.73000
📍 After reaching the 1.82000 level which is August high price felled towards 1.74000 which is major psychological level too
📍 Price action level is currently acting as the support for EURNZD. And the golden cross was happened in 50,100,200 EMA
📍 1.77000 is next major psychological level acting as support for the bearish trend.
📍 We can open suitable selling positions from current level. And the potential take profit will be around 1.74000. Coinciding with 78.6% LTF Fibonacci level. Stop lose may place above 1.79750 is a low volume area
📍 Major trend line was broken on 25-Aug on Lower timeframe trend line was also broken
📍 Ichimoku cloud is also acting as a support for the selling of this pair
EURNZD selling opportunityAfter reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory
At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD
And major resistance was broken and the resistance turned as support for the downfall
the primary target would be 1.74180 and the next target would be 1.72700
EURNZD - sell biased for this pairHi all traders.
Am looking for this potential trade on eurnzd
Cheers!
Forecast on the weekly.Buy to resistance and short from there...Eurnzd on it way to restest the march high/resistance..Buy now to resistance and sell or short from there..Use proper risk management and lot size since this is the weekly timeframe.. Pls donate whatever you can and good luck
EUR/NZD What's Next?Good day, snipers. Here in EUR/NZD, we were recently in a down trending channel, and price seems to broke out from that channel. Price also is trailing above the 8, 20, and 50 EMAs showing a clear uptrend on this pair. I will be looking for a retest on support and the 38.2% Fib Level before going long on this, or maybe not depending on market conditions. Signals about possible entry, TP, and SL are sent to students.
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Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.
EURNZD SHORT**ENG**
- Price rejecting nicely our reversal area, if price closes shooting star at the 2H, it would be a nice indicator of a drop in price.
**PT**
- Preço a rejeitar muito bem a nossa zona de reversal, se o preço fechar em shooting star no timeframe de 2H, será uma bom indicador de um possível movimento de queda no preço.
EURNZD short trade ideaPlan: support level breakout --> wait for the price to bounce off from 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
EUR/NZD Short 300 pips?Good day, snipers. Here in EUR/NZD , I am looking for Swing Short since price is in a descending channel and also at a minor area of resistance . Price also seems to be on overbought levels on RSI and a bearish divergence . Big SL but greater TP level at structure. Signal with Entry, adjusted SL and TP will be sent to students.
Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.
EURNZD short trade ideaPlan: wait for the price to bounce off from 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
EURNZD, BUY on H4- Probable Bullish Gartley Pattern formation.
- 1.7220-1.7190 is a fresh Demand Zone.
- If it creates Double bottom on that zone on H4 or if the daily candle gives us reversal price action signal then you can enter as buy.
- Tp would be at the 50% retracement of X to A leg.
EURNZD long trade ideaPlan: after the price bounces off from trendline or demand area --> 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
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
BREAKING: #EURNZD to challenge 11 year highsThe multi-year accumulation above the long term bullish reversal patters is showing signs of a potential 35% rally to challenge 11 year old highs.
EURNZD has seemingly displayed the characteristics of a sleeping giant for approximately 3 years.
This is a market definitely to look forward to witnessing it's unfolding.
Even sleeping dogs can only lie so long.
EUR/NZD, simple short trade after BreakoutEuro starts to get weaker after a strong bull run. If we saw a clear breakout of structure, we would be going in for a beautiful sell trade.
EURO /NEW ZEALAND DOLLAR (EURNZD) SHORTPrice recently Broke a key weekly level down and its currently retesting that level to move downward.Wait for 30 mins Structure to break to the downside,wait for a retest and enter a short trade. FX:EURNZD
