Get started

Eurnzdlong

EURNZDEURNZD is currently at a very interesting level from a technical perspective. Why? We are currently sitting on a key support level on the monthly timeframe ,so naturally we will be looking for rejections. However, what caught my eye on this particular pair is the fact that EUR is currently strengthening across the board so it would make sense to look for buying opportunities across euro pairs. Both the technical & fundamental data are aligned with one another, which is why we will be buying this pair up to the next resistance level. If you have any questions, feel free to send me a message.
Long
by visionlife
EURNZD, 4hr tf, buy descending channel breakoutHello my friends, My first trade for December is coming to you all. I am going to take a buy positions on EURNZD pairs. As you can see price, recently broken above the descending channel after moving inside it for 2.5 weeks inside it. We could expect price to rotate higher as there is also weekly trendline at this 1.7000 area. This 1.7000 could be an area of confluences support because so many support level right now at this point. Notice also the recent candle looks like a marubozu candle which indicates buyers strength. With this candle appearing on support, i could say buyers are trying to show it is now in control. Buy EURNZD 1.7010 Stop loss 1.6960 Take profit 1.7180 (3.4R) RR ratio 1 : 3.4 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
EURNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX