Get started

Eurnzdsell

EURNZD MAJOR BREAKOUTEURNZD was travelling in a blue triangle, but as you know from our previous trades, price broke out to the downside, came back to retest the triangle at the 0.618 retracement level before making its way much lower then the previous support zone. Price is now travelling in a descending channel and has touched the bottom after a large impulse move down, we expect price to come up to the 0.618 and then back down to the -1.27 extension level.
Short
by UnknownUnicorn2396129
THE EURO AND KIWI TRIANGLE BREAKOUT!EURNZD has been travelling in a triangle to the downside. We entered into a long position after we saw some confirmations of trend reversal on lower time frames ,our target for the long position (RETEST) is the 0.618 of the large previous downwards impulse move. This is where we have short positions locked and loaded. we hope you enjoy some profits from this trade opportunity... Our first target is the previous support area where the sl is of the current long trade and ur second target is the -1.27 extension of the whole impulse move, marked above on the chart.
Short
by UnknownUnicorn2396129
The #EURNZD continues its trendOur recommendation for this currency is a sell recommendation! Here are the reasons: 1. The trend is a distinct downward trend. We see this in the graph above that each round of increases is smaller than the previous one. 2. The eurnzd candles are below the cloud, the blue line is above the red line, we have a bearish cloud, all of which are from Ichimoku indicator that indicates a sales signal. 3. We are below the important Moving averages (100,200). At 1.6350 there is technical support and probably the eurnzd is going to go. Sell EURNZD: Entry Price:1.6530 Take Profit: 1.6350 Stop Loss:1.6620
Short
by xosignals