Yemi_FX1 | Short for EURNZDPrice is in the state of consolidation in the form of a horizontal channel. Waiting patiently for price to test the upper line with a bearish confluence.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Eurnzdshort
EURNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of EURNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. If price makes a retracement I will look to open a long position from bullish order block + institutional big figure 1.71000.
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EURNZD ELLIOTT WAVE UPDATE 01/03/23EURNZD ELLIOTT WAVE ANALYSIS UPDATE BY OMSR AYAD
The price achieved wave 5 or WXY of wave 3 now. If the pattern was FLAT and then broke wave 4 of DIAGONAL, selling will be entered. If the price does not break, the price will continue its upward trend to achieve wave 5 or C of wave WXY.
EURNZD exactly moving according my analysis EURNZD is exactly moving according my previous analysis and beautifully give us almost 200 pips (tagged).
Now market again going to the resistance level and here is horizontal resistance also.
If market hold resistance and reject from resistance then sell our target is again our trend line support.
Always trade safe and must use stop loss.
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EURNZDEURNZD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
Yemi_Fx1 | Short for EURNZDIf price moves to the upper dynamic trendline of the ascending channel.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
EUR/NZD Very Interesting To Buy It With 300 Pips Target !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD possible short for 1.6770price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily supply zone for short. stop loss above key reversal bar high, target: 1.6770.