Eurnzdlong
EurNzd- Could challenge 1.7 soonAfter a month of accumulation and range trading, EurNzd has broken above 1.63 resistance, accelerated gains, and has passed also above the next important resistance around 1.66-1.6650 zone.
Now the pair took a break, is resting and we can have a new leg up pretty soon.
My next target for this bullish move is 1.7 and, as a buy zone, the old resistance, now support, between 1.66 and 1.6650 is ideal
I will remain strongly bullish as long as the price is above 1.65
EUR/NZD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/NZD for this week ahead
EUR/NZD POSSIBLE HEAD AND SHOULDERS which didn't work out as we would hope it should, and just continued the upward trend
so I will be will be looking for continuation on this pair and be looking for a pullback to the zones marked off on chart and take a buy trade
if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EURNZD BUY LIMIT 3000+ pip ?!!!Looking for EURNZD to start moving upwards.
We have a nice weekly orderblock created and I would like price to drop down into the green highlighted zone where I will enter.
I will risk 2% on this trade and this is a long term swing trade so please be patient with taking profits.
Potential take profit areas are shown through purple lines.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
EUR / NZD 1.65568 -0.21 % LONG IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON EUR/NZD.
- The pair has continued with its bullish rally to the upside.
- Currently trading in a bull flag possibly signaling continuation toward the upside.
- Momentum to the upside was a bit strong looking for a retrace at least till 50% fib level
- possibly meaning we ,ight be on our way to testing the base of the bull flag structure.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
eurnzd eurnzd is very near to hit the first tb it is running over ✅✅✅✅ 300 pip since the last update , Take a look at the latest update in the link below , 🧙♂️The secret of success in predicting the movement is follow-up, and this is advice for everyone who practices technical analysis. You must know where the market finished forming previous models to succeed in anticipating upcoming models
✅ In short, you will not know what will happen as long as you do not look at what happened in the past
Divergence signals and buying opportunities with EURNZDH4 time frame.
Structure: Downtrend.
A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000.
The current price tends to break the Key level at 1.63500.
Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities.
Profit target is 1.66000 price zone.
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Wish you all have a good trading day!
💡Don't miss the great buy opportunity in EURNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.6201).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.6350
TP2= @ 1.6525
TP3= @ 1.6643
TP4= @ 1.6759
TP5= @ 1.6851
SL= Break below S2
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💡Don't miss the great buy opportunity in EURNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.6201).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.6350
TP2= @ 1.6525
TP3= @ 1.6643
TP4= @ 1.6759
TP5= @ 1.6851
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Outlook on EURNZD: Bullish play seenOn the weekly time frame, prices tapped into the demand zone where we could see a pullback in prices. On the H4 time frame, we are seeing bullish order flow with prices failing to form lower lows. Currently, prices are testing a key resistance at 1.63152 and a break above this level could see prices push higher to the next resistance target at 1.65311, in line with the 50% fibonacci retracement. EMA and Ichimoku cloud are showing signs of bullish pressure as well supporting our bullish bias.