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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 , 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
** EURNZD ** a quiet week for EN, one to watch into next week.Hi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone. Evening all, gold trade currently open, The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
EURNZD - BULLISH BIASEUR - BULLISH 1️⃣ Optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe. 2️⃣ Several EU countries continued their efforts to re-open their economies, while upbeat economic data released on Friday showed that consumer prices in the Euro Area rose in March by the most in over a year. NZD - BEARISH 1️⃣ The risk-averse market environment could pressured the NZD. ===== TECHNICAL ===== - We're buying this pair on RBS level on M15 This is short term trading strategy from Monsun Asia. - Risk reward ratio is 2:1. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia