FALLING WEDGE ON EURNZD?As we see clearly, it's a falling wedge on EURNZD.
Price is slowly correcting and still moving sideways.
We expect a breakout of this wedge, or a continuous push to the downside.
Either ways, we need momentum to continue trading this pair.
As for now, we wait on the sidelines.
Eurnzdlong
EURNZD LONG Readyyy!!!Lovely order on Eurnzd R:R 1:7
❗️ First lets wait for price to close above our support then set this order ❗️
All supports and resistances are determined on the chart
⚠️Take Max 1% of your capital on this trade⚠️
‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point & Save profit
Clear setup
@FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward
Lets make trading simple W/ @FxShzd
👇🏻👇🏻👇🏻 Any question comment bellow 👇🏻👇🏻👇🏻
Good-luck everyone
EURNZD H4EURNZD
In the 4-hour time frame, it hits the bottom line of the trend and is ready to climb.
If it goes according to the analysis, the first target is the red line and if it crosses it, it is predicted to the top of the channel.
The general trend of this currency pair is bullish and
This analysis fails if the canal floor is broken.
** This is just a personal analysis **
Give your comments below.
Good luck
eurnzd neutraleurnzd analysis :
Reasons :
1)there has been 2 resistance levels from which the market crossed the 1st resistance level and came uptrend and there is another resistance level as of now and it and didnt succesfully pass through that as right now ,
right now it is no trading zone as it is fluctuating a lot from 3 weeks
so until it passes the no trading zone and cross the resistance level we cant expect to trade
once it does,it goes for a potential up or downtrends
Trade carefully
EURNZD to Head Down?Hello fellow risk-takers,
The pair is EURNZD and buyers looks exhausted to penetrate key resistance levels in bid to form new higher highs (HH). Instead, what we see is the formation of lower highs (LH) indicating loss of bullish momentum AND impending sell-off. This sell-off is needed for bulls to gather new momentum needed to penetrate the price level 1.71240 which price is currently unable at the momentum unless we can have surprise high-impact news.
The pair is still bullish but in the meantime this selling opportunity looks too tempting for me to mize.
Happy Trading
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
EURNZD BACK TO 1.71000Just as the last analysis stated, price has now bounced off the expected level and should continue with bullish momentum to the upside.
We have positioned ourselves long, with stops underneath the level, and targets at a new price point of 1.71000.
We waited, it met our plan, we have entered, now we wait for results.
EURNZD TO CONTINUE TO THE UPSIDE?With the nice impulse move to the upside, we can expect some minor pullback before the continuations.
A pullback into the key level at 1.69500 is ideal, and we'll watch how price reacts at this area.
If there's a rejection and then a bounce, we could see the next bullish move from there.
time to go upTo me this is still a great opportunity to go long. Daily RSI is still above 45 (so are all lower TF).
It showed sign of recovery after the mighty drop on Thursday (and early session on Friday). However it may be so weak that the rise cannot even pass 1.689 so buyers be aware of the risk.
TP: Final target is just below the high before the mighty drop last week. But more realistic levels are those Fib lines. Will start trailing as early as when it passes 1.689 As risks involves
SL: tightly below mini up trend line formed on Friday's 4H chart, you can move it below 1.678 if that's more comfortable.
GL.
EURNZD, 1hr tf, bullish bat pattern
After yesterday we got a fierce drop from EURNZD. Price finally stop dropping after meeting the ascending trend line.
For me, it looks like a bullish bat harmonic pattern forming. We might see some upwards movement towards 1.6950-1.6930 area which is 61.8 retracement of CD leg.
Buy EURNZD 1.6830
Stop loss 1.6770
Take profit 1.6950 (2R)
Use only 1-2% risk
Good luck