Eurnzdlong
EURNZD | RISING WEDGEEURNZD has been trading in rising wedge (bearish pattern). Currently price is approaching to the support of the wedge.
We are expecting a rise from here as multiple confluence point reside there. We have EMA100 and fib 38.2% level and trendline support.
However, break below from fib level will be all over for bulls and trend will be bearish.
EurNzd LongEurNzd has formed the Reversal Wedge, now we are also seeing the break, we have to wait until the day candle manages to close over the area 1.5980,
if the daily candle closes over the area, we can wait for a small return, and we can go buy.
Buy position from: 1.5980 and 1.6000
Stop loss: 1.5860
Target reward 1x2.7 at 1.630
EURNZD Sell a break.EURNZD - Intraday - We look to Sell a break of 1.6664 (stop at 1.6702)
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.6665 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 1.6564 and 1.6544
Resistance: 1.6730 / 1.6770 / 1.6800
Support: 1.6670 / 1.6640 / 1.6570
EUR/NZD:NEW BULLISH IMPULSE | SWING TRADING | LONG ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EURNZD | BUY ON BREAKOUTEURNZD is looking in good bullish momentum, but currently price is standing at important level.
EMA100 - This ema has been reactive in the past as highlighted on the charts and price is filerting with it now. A break above will be more safest entry.
Horizontal Resistance 1.63312 - This resistance was the breakout level before consolidation and we see price resist or took support before moving on. Currently price is standing just under it.
Cup & Handle - On shorter time frame (4H) price is making a cup and handle pattern and break of cup will call for bulls.
Trade your levels accordingly.
EURNZD are you gonna print us $$$🤑🤑 ????EURNZD broke a resistance area of 1.61000 and already came back for a retest of the broken structure.
Price is currently heading upward and forming an INVERSE HEAD AND SHOULDERS (BULLISH PATTERN), We are patiently waiting for the price to break and retest the current neckline for a BUY
WATCH OUT
1. Break and retest of the neckline
2. Bullish candlestick confirmation after break and retest of neckline for a continuation
3. Wait patiently
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EURNZD | BULLS DOMINATINGEURNZD | BULLS DOMINATING
EURNZD has been trading in bullish parallel channel, making higher highs and higher lows. The price action look promising as it breaks the horizontal level of resistance.
We are expecting bulls to continue their domination and push the price to much higher levels.
Trade your levels accordingly.