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Eurnzdsell

Eurnzd Time frame AnalysisEurNzd 1st Window. In this window we can see Trendline has been broken three week ago. And now this week market is testing its trenline since March 2020. But here 50 SMA is also a resistance. After that we also have resistence near 1.6811 since June 2021 and after that we also have a strong resistence near 1.7173 since July 2020. 2nd Window. In this window we can see this is the D1 Timeframe. And market is following Trendline since April 2022. And from last 11 days market is down but in a channel. We can expect bullish breakout if market respect its Trendline. So we will find a reversal near 1.6871. 3rd Window 3rd window is showing market has broken its trendline and now testing TL. We may find a resistence and reversal near 1.66700. 4th Window Here we are concluding that what should we do. Risk Disclosure TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY. FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE. Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits. We will not be liable of any losses. Take trade if you can bear the losses.
Short
by Theranasaramd
EURNZD Daily Short! Overview: 1.70809 | 1.77529 is a rejected Buy-zone looking as far out on Monthly timeframe. Price is currently trading inside multiple Caption/ Sell-zones: 1.70042 | 1.71501 and 1.69167 | 1.70367 zones. EUR has Major news no more than 4hrs from now for potential price volatility. Sell Entries should be inside Caption prices for target zones 1.67230 | 1.66136 and potentially down to expected Buy-zone 1.64572 | 1.63422 More conservative traders likely to hold Sells through 1.58043 | 1.53842 zone. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...)
Short
by legacyliked
6
EURNZD 1H TF Price tested the upper trend line in the channel. A Head & Shoulder pattern is formed and I want to see price complete the pattern. 1) The 10 EMA has crossed the 20 EMA on the 15m, 30m, and about to crossover on the 45m and 1H TF. 2) The RSI and MACD (bearish crossover) on the lower timeframes suggest a short-term bearish trend. EURNZD is bullish on the Daily and Weekly timeframe, so price can continue to the upside ( you can't predict how deep a pullback can be). Hoping to hit this target in the next few hours. Then go long later in the session. Pls like & follow if you find this helpful.
Short
by PipWisperer