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Eurnzdlong

EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 100%, 127.2% Fibonacci extension and horizontal pullback support. We could see a bounce and further rise towards 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also holding above the ascending trendline support, as well as price, showing signs of further bullish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement , 161.8% Fibonacci extension and horizontal overlap support. We could see a bounce and further upside towards 1st resistance, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback resistance. RSI is also showing signs of bullish pressure, in line with our analysis. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
EURNZD we are now in buys 📈⬆️🤞🏻Entry details are shown on the chart. We're only looking for TP3. I covered the previous sell trade in an idea earlier this week. This trade has now closed for a profit as the 'buy' opportunity has presented. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM . The stats for this pair are shown below too. Thank you. Darren
Long
by pow_removetheguesswork
EURNZD – looks ready to confirm a bullish trend . week of 26 AprThis pair snapped out of the downtrend about 2 months ago and made a nice move up on 23 March. As the daily chart above shows, it lost all momentum over the next couple of days and has been consolidating between 1.667 and 1.6975 since then. The bulls however still are very much in this even though their previous attempts to break out above (during 7-11 April) did not succeed. Moving on to the H4 chart, we can see the consolidation more clearly. s3.tradingview.com The overall trend is now bullish, so instead of waiting for a breakout to occur, I am looking to take a long trade at the bottom of this consolidation zone. If price does come down to the 1.667 region, it gives the possibility of a tight stop and a +4R trade. If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Long
by Trading_Vista