EURNZD ShortHey traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.613 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Eurnzdshort
EURNZD > Small Bearish Gartley Pattern!!Analysis on #EURNZD
The EURNZD forming a possible bearish harmonic bat pattern might Complete soon to provide a reason for entry.
I don't trade this time frame but here is what I would do if I did trade this TF.
>> I will wait for the market to come deep to my resistance level, look for a reversal confirmation, then look for a selling trade with a good risk to reward if the entry rules are met.
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
EUR/NZD - SellWeekly:
1. Impulse
2. Brake of previous support
When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe.
Daily:
1. Impulse
2. Correction
3. Engulfing candle from 38.2% Fibonacci level
Looks very, very bearish and maybe will not see deeper correction to the monthly resistance.
4H:
1. Impulse
2. Correction
3. 3rd touch of trendline
4. Many engulfing candles
Looks nice for short from this level right now.
Eurnzd Buy Setup For Long term Move Eurnzd Buy setup for long term . you can buy from 1.5830 with stop loss 1.5760
you can set your Buy limit pending order from 1.5830
EURNZD | UPDATEEURNZD has given a bullish reversal on daily timeframe. Price has break its first resistance and now testing it as a support. We are expecting bulls will be active once again and this will be a lower high of bullish continuation trend.
Trade your levels accordingly.
eur/nzd looking to collapse here we can see a nice uptrend that was broken on the lower time frame and the we have a Re-test of the breakdown and now looking good to get in with other confirmations i'm seeing we've also closed below a bullish ob that i was interested in!! Looking overall like its going to be a decent set up here
EURNZD (SHORT) 🔥🔥🔥Potential head and shoulders formation. This is an intraday setup. Act wisely!
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
NZDhello my friends this currency pairs has down trend. but it can possibly revers in the lower area so we wait for there. after the changing nature we can see price return price upwards.
weekly: down trend
daily:down trend
4h:down trend
good luck
EURNZDEURNZD Has a Big Bullish Movement due to Data effect of ECB INTERERST RATES.
I think Now EURO wana Breathe and Will Drop to its Recent Support!
EUR/NZD Sell Opportunity: Breaks Below Trendline Support This week on Tuesday, EUR/NZD dropped below the long-term trendline support ahead of RBNZ rate decision and monetary policy.
RBNZ expects a rise official cash rate from 0.75% to 1.00%. Despite a sharp downside in the global equity space on further escalating military tensions between Ukrainian and pro-Russia separatist/Russia forces and continued Russia/NATO tensions in the background, EUR/NZD has dropped below the critical trendline resistance level and creates a selling opportunity.
From the current zone, 1.6950 was the trendline support zone. Now it has become a trendline resistance. So, as long as EUR/NZD is below the trendline support, it still has chances to drop further.
The market expects RBNZ to rise 50BPS though RBNZ forecasted only 25 BP. Any surprise rate hike like 50BP or more will Send EUR/NZD 1.6500 price zone or more.
From the present rate, immediate support is identified is at the 1.6840 price zone. Breaking below 1.6840, our final target to the downside is 1.6500.
SHORT OPPORTUNITY ON EUR NZD the price touch the upside of uptrend channel direction to downside of this channel
fibo retracement
TP and SL
EURNZD | ALL SUPPORTS TAKEOUT
EURNZD has break the multiple supports and turned negative since then. We are expecting bears will lead from here and any strength is the excellent opportunity to short it again.
Alternatively, bulls can intervene and ruin the party. Entering into the parallel channel will be the buyers territory.
Trade your levels accordingly.
EUR NZDthis support a is a very strong ever. if you see broken this support It will be difficult to up again at the moment but if you see it hold above this support, we will have a buying opportunity
💡Don't miss the great sell opportunity in EURNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7071).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 1.6881
TP2= @ 1.6822
TP3= @ 1.6721
TP4= @ 1.6653
TP5= @ 1.6535
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7071).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 1.6881
TP2= @ 1.6822
TP3= @ 1.6721
TP4= @ 1.6653
TP5= @ 1.6535
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EUR/NZD Finally Closed Below Strong Supp ,New Short Setup Valid 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 Analysis - Short Idea Hello Traders,
Hope you are having an amazing week !
I am short biased on EURNZD for the rest of the week, we are currently in a wide corrective phase
I hope to see price push one last time higher so we can short this asset
Wishing you a profitable week ahead!
Disclaimer: this is not financial advice, charts we share should only be used for educational purposes
ETGL Team 💛
EURNZD Analysis Hello traders,
Hope you had an amazing weekend !
EURNZD is overall bearish given the strong momentum we have seen last week.
I will be shorting this pair if i see a valid 15 min rejection pattern.
The risk reward ratio on this pair should be good enough to get us a solid 5-6% without risking too much
Good luck everyone !
ETGL TEAM 💛
EURNZD Hrly short | Algo training **EURNZD hrly short**
shortstop @ 1.70609
TP #1 @ 1.70130 74.36% wr
TP #2 @ 1.69633 56.41% wr
SL @ swing high 1.71658 17.95% hr
EURNZD| Beating from Channel Top EURNZD on daily timeframe made a double top and took a beating from there. On shorter timeframe, it is following parallel channel and reversing from channel top.
We are expecting the bears will be tired soon and bulls will break the shorter term falling dotted line.
Trade your levels accordingly.
EURNZD 4Hr Short!
As charted earlier, price Failed at Resistance 1.73619.
It is right to not overlook or under-estimate a retest at 1.73619 | 1.76831 zone for Short entries.
HOWEVER, recent price action suggests areas where price is likely to Experience Tests and highly likely FAIL so as to seek new Buyers at listed Target zones and finally drive price UP to new upside Targets 1.76823 | 1.81826 zone.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Comment, Follow, (...)
Thank you, Happy Trading.
EURNZDHello traders. I expect the price to be ready for the second wave of correction and pullback to the trend line little by little, and it is R:R =3. Be profitable
