EURNZD - Ready for Lift OffThe inverse head and shoulders pattern has completed, we are now waiting for a confirmed close above followed by a pullback/re-test before getting involved in our long position.
Eurnzdlong
eurnzd good to buy nowAS you can see, eurnzd just broke our trendline . we can buy to 1.77750 as tp 1 and chances are very high for it to reach TP 2 .
HAPPY TRADING!!
Going for the Long Haul (Position Idea)Although this is not one of my pairs I normally trade, I decided to mark this chart up to expand my portfolio (for one). And two, this mark up signaled a long position opportunity.
Eur/Nzd (Weekly Levels)Using Auto Support And Resistance, these 3 take profit levels are the areas that I’m targeting on this 500 plus pip swing trade.
If you look on the monthly chart , it is also easy to see that the area we pushed up from last week (see that analysis below) was a monthly support area.
So these are my levels. The 3 Green Lines
I have opened 3 buy trades with 3 take profit levels
EURNZD, daily timeframe, buy on strong support rejectionHello my friends,
I just found an interesting opportunity at EURNZD pairs. This pair has been going down for 600 pips from the recent rally. In my opinion this looks like an exhaustion after a fierce 1100 pips upward movement.
I tried to analyze this chart using fibonacci retracement and this pair seems to respect 61.% fibs retracement.
There is also ichimoku cloud support, horizontal support and EMA-200 at this 1.7600-1.7550 area so we could say this is an area of confluences.
I am going to buy EURNZD at the beginning of Monday to try this opportunity.
Buy EURNZD 1.7590
Stop loss 1.7450
Take profit 1 @1.7730
Take profit 2 @1.7870
Take profit 3 @1.8010
RR ratio is 1 : 3
Use only 1-2% risk
Good luck
EURNZD Buy ideaEURNZD nearly formed an inverted head and shoulders if break above neckline very good RR
EURNZD - Inverse H&SPotential inverse head and shoulders pattern forming here, let's see what happens next week.
According to COT data source - 63% long
Potential move on the EURNZDIf you have any ideas as to what could potentially happen you might as well share
Long on PullbackPotential long opportunity on broken descending TL retest in confluence to our 0.5 fib retracement and previous level of resistance which is now acting as support. MA50 is also supporting the momentum shift pretty well so I’m hoping for a rejection near that area of confluence
EURNZD LONG$$$$ BIG MOVEGreetings everybody!
I am pleased to show you this nice set up, which I'm currenlty up about 85 pips secured and is still running.
Currently as you may see, there is a nice trend line being respected, which I am aiming possibily for next week to be fully respected as a new support.
This nice Crab Pattern is showing very nice structure combined with Elliot Waves wich in my opinion, there is no better duo than these two.
Next week I am projecting very big moves in all forex pairs as some of them have to continue with their impulse.
Happy trading everybody!
**************************
Saludos a todos!
Me complace mostrarles este analisis de EURNZD para compras en donde actualmente llevo mas de 85 pips asegurados, y sigue corriendo la operacion.
Como pueden observar, hay una linea de tendencia (del patron armonico) que todavia esta siendo respetada. Estoy apuntando para la proxima semana que este sea roto y que esta zona se convierta en un muy buen nivel de soporte para continuar con su impulso hacia la alza.
Les deseo a todos un feliz fin de semana!
Felices profitss!!
$$$$$$
EURNZD Counter Trend Buy IdeaEN has been flowing in a heavy downtrend but has now created a new high, will wait for price to come back and retest the previous resistance level as support. Overall trend of this market is still bearish so I will be looking to closing positions at the previously broken swing low
EURNZD - Using StructureWe are keeping a close eye on this pair if we manage to break the respected structure then we can look to buy from the re-test as illustrated.
According to COT data source - 79% long
