Eurnzdsetup
EURNZD, 2hr timeframe, sell on zone retest Hello my friends,
Another interesting setup for today is EURNZD. Price made a double top previously and go down for 110 pips since it broken through the support.
This support now turned into resistance and price currently retesting it.
EURNZD also has broken below the trend line, so I could say the short term trend is now bearish.
Sell EURNZD 1.8055
Stop loss 1.8120
Take profit 1 @1.7950
Take profit 2 @1.7880
RR ratio is 1 : 2.5
Risk only 1-2% of your equity
Move stop loss to entry once it hit TP1
Good Luck
EURNZD, 4 hour timeframe, double top pattern in playHello my friends, i saw a nice trading setup in EURNZD pair.
A double top pattern is forming exactly on daily chart resistance trendline.
Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair.
Sell EURNZD 1.7360-50
stop loss 1.7435
Take profit 1 @1.7265
Take profit 2 @1.7180
good luck
EURNZD, REVERSAL ON SIGHT!**ENG**
- If price breaks bellow our demand level (black line), we would like to see a drop till the 1.7300 zone and then look for a possible reversal to the upside, with the first target being the 1.7350 zone.
**PT**
- Preço a quebrar a nossa zona de procura (linha preta), se de facto tivermos a quebra, o melhor seria aguardar por um toque na zona dos 1.7300 e aí sim procurar por um reversal para cima, o primeiro target nesse caso seria os 1.7350.
#EURNZD Both Possibilities BUY & SELL Here in EURNZD we have both the buy & sell Moves once it break these levels, as well, if it break the trend from up then BUY SIGNAL will be there & what if it go on falling still, remains in its trend then no matter it will hit its resistance then after that we have some scalping trade.
Hope the best & keep patience, sucessful trade will be there.
This would hopefully gave you a certain point where to enter for the hope of profit.
BREAKING: #EURNZD to challenge 11 year highsThe multi-year accumulation above the long term bullish reversal patters is showing signs of a potential 35% rally to challenge 11 year old highs.
EURNZD has seemingly displayed the characteristics of a sleeping giant for approximately 3 years.
This is a market definitely to look forward to witnessing it's unfolding.
Even sleeping dogs can only lie so long.