EUR/NZDFX:EURNZD
Pair goes extremly high. Yesterday we saw sell signal on candels.
Now im in piramid trading.
5 positions in range 1.7230 - 1.71.81. Next position on 1.7126. Last on 1.7049.
Target for piramid is on 1.68166.
Eurnzdsell
EURNZD SellRising wedge reversal pattern.
Support trend-line broken and closed on the 4H TF. SL, TP1 and TP2 on the chart.
Good luck :)
EURNZD on major support, prepare for a bounceEURNZD is in major fractal support, strong possibility of a bounce occurring.
Buy above 1.6818. Stop loss at 1.6716. Take profit at 1.7094.
Reason for the trading strategy (technically):
Price is testing and has bounced off major support at 1.6818 (Fibonacci retracement, horizontal swiung low support, ascending support, bullish harmonic formation) and a strong bounce could occur at this level to push price all the way up to 1.7094 resistance (Fibonacci extension, horizontal swing high resistance). We do have to be wary of our intermediate resistance at 1.6973 (Fibonacci retracement, horizontal pullback resistance).
Stochastic (89,5,3) is seeing strong support above 1.1% where a corresponding bounce could occur.
Short - EURNZDTRADE #8
I waited for the price to come to 61% but it never came stayed in the 50%.
Price just broke the flag formation and is heading down.
I am selling on the market when the market opens on Monday and will decide where to put my stop loss.
First target could be 1.66887
Second 1.65600
Third 1.62500
Reason for the trade
1) 50% retracement
2) seems to be trending downwards now
EURNZD H4 BReakout With Inside BarI m looking a nice Inside Bar Channel Breakout Setup to go Short inLine with recent Daily Chart short momentum. Waiting for the End of the Day to go place my order or Monday Open
EURNZD Short ideaCURRENCY PAIR: EURNZD ;
Time Frame: 1D - 4H - 1H;
SHORT OPPORTUNITY.
R/R Ratio : 4.0
Double top 1H
EURNZD, Possible sell setup, with impulse & corrective waves.If you want to trade this setup wait for breakout first.
EURNZD Short TermEURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to downside-so I am looking to short it around 1.6534-63 for a target to 1.6333, stop above 1.6629
EURNZD short trade the price tested a strong resistance its seems that we will get a hammer candles after that we sell .
good luck
EURNZD Shor TermEURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to the downside, so I am looking to short it around 1.6534-63 for a target to 1.6333. Stop above 1.6629
Harmonics on EURNZDHi guys,
this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated!
If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
Bat Pattern on EURNZDHi guys,
this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated!
If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
EURNZD Bounce of supportOn the 4 hour time frame EURNZD has potential to bounce back up from its support level. If you want to trade this bounce back use a 60 pip SL and put your TP on 1.8380 for some good pips of profit.
Short EURNZD Based on H1 Timeframe Rising Wedge Reversal PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short again on EURNZD?Hi guys,
after getting stopped out on this pair not long ago, i'm back here because my analysis finally became true. Indeed, we saw a reversal of the trend starting at 1,6680. This change of trend is signaled by a sequence of lower lows lower closes that broke the main support at 1,64. At this point, i know my bias is confirmed by price action and i'm willing to take this short if price will give me a comfortable place for getting involved: right now, i'm looking at the yellow box to see whether price will create a small double top or not. If it will, i'm going to pay attention to candlestick patterns to take a short from there, looking for targets as shown above.
I'll update you.
If you want to share your vew/ideas, feel free to write below.
Otherwise, see you in the next chart!
EURNZD, short again?Hi guys,
after getting stopped out on this pair not long ago, i'm back here because my analysis finally became true. Indeed, we saw a reversal of the trend starting at 1,6680. This change of trend is signaled by a sequence of lower lows lower closes that broke the main support at 1,64. At this point, i know my bias is confirmed by price action and i'm willing to take this short if price will give me a comfortable place for getting involved: right now, i'm looking at the yellow box to see whether price will create a small double top or not. If it will, i'm going to pay attention to candlestick patterns to take a short from there, looking for targets as shown above.
I'll update you.
If you want to share your vew/ideas, feel free to write below.
Otherwise, see you in the next chart!
Short EURNZD Longterm Based On Bearish Gartley FormationGartley pattern completed D Leg on Thursday 3th of August and has since moved down about 120pips of the potential 400+
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
EURNZD 4H Re-Entry OpportunityFor those of you who missed the initial entry on the EURNZD 4H chart (after the trend line break), will now have a second chance to enter.
We are hovering over a strong flipzone that needs to be broken first with a high momentum bearish candle in order to enter. Do not do mid-candle decisions, wait for a clear break and be patient.
