Eurnzdlong
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
EurNzd at confluence resistanceThe move from the past 4 weeks on EurNzd was fabulous with the pair sinking 1000 pips from 1.8 to 1.7
Yesterday the pair had a short dive under 1.7 but managed to recover above this important support.
At this point, we are just at confluence resistance and a break here could signal a much-needed correction.
In my opinion, dips around 1.7 should be bought and a long position in this zone could have a 1:3 R:R if we target the last congestion zone at 1.73
EURNZD BUY Trade Idea. Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
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
EURNZD - Buy setup almost readyEURNZD is aprroaching the bottom of a HTF flat channel structure in impulsive approach. It even breaking the bottom of the channel a bit. After that it rebound impulsively back into the channel. Usually It’s signaling for a fake move and the break is only to catch people on the wrongside of the market.. I’m anticipating for a move back top of the channel. So far, it has give a really good momentum to the upside. I will now anticipating the price to form a corrective structure.
Any break from any bullish continuation pattern now will trigger my buy entry with sl below the corrective structure with target back to the top of the structure up to 1.82700
Lets see how will this pair play out.
Good Luck
EURNZD - Updated chart (time to BUY)Our updated chart on EURNZD with key price levels and our stop loss and take profit
Bullish on EUR/NZD as price retest bottom of uptrend channel.Technical Opinion. OANDA:EURNZD
Price retesting lower channel. Approx. 1,000 pips to revisit November highs. The daily bull trend is set up to resume within the next 24 hours.
EURNZD- Approaching the major support at 1.688001.68800 will be a very hard-to-break level for EURNZD, possible reversal point
A HUGE PROBABILITY ON EURNZDTHE PRICE IS GOING ON WITHIN ASSENDING CHANNEL AND WE ARE WAITING FOR THAT THIRD THOUCH CONFIRMATION TO ENTER THE TRADE AT THE END OD THE DOUPLE BOTTOM, LET SEE HOW IT PLAYS OUT.
ITS NOT ADVICE ITS JUST MY IDEA AND HOW I SEE THE MARKET,
EURNZD - Support Hunt Now that is pair has performed a stop loss hunt at the supportive level, I would expect it to want to push up aggressively from here.
