Eurnzdshort
EUR/NZD Short Position After the price reversal 4 days ago price hit the key level 1.679 which was resistance level for past couple of week. Price have perfect condition to go short here with forming a perfect triangle
EURNZD, daily tf, double top with consolidation
As you can see on the daily timeframe there is a double top pattern formed. Price already broken below the support with a big bearish engulfing candle. This upwards movement could be only a retracement before further drop in this pair.
Price spent several weeks consolidating inside 1.6820-1.6660 area which also looks like a flag pattern to me.
Sell EURNZD 1.6760
Stop loss 1.6820
Take profit 1.6400 (6R)
Use only 1-2% risk
Good luck
EURNZD - Bearish BiasEUR - BEARISH
1️⃣ Eurozone economy is recovering but most of the region still in lockdown.
NZD - BULLISH
1️⃣ Supported by a weaker US dollar and a better employment report for Q1 in New Zealand continues to provide support to the NZD.
2️⃣ April's housing data revealed that the government's steps to curb the housing bubble have yet to have the desired impact, the latter is set to be closely scrutinized.
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Technical
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We are selling the EURNZD at resistance + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
EURNZD - D1 - SHORT #EURNZD
D1 Chart Outlook
Here is the possibility of EURNZD
Proper Signal available in Premium Channel
EURNZD Resistance, Sell!EURNZD has ran into a topside resistance, we are looking for a break of the 1.6780 level for downside into the support at 1.6656.
EURNZD SELLPrice made it's impulse down after the 3rd touch of the Pennant and made a correction for Selling
EURNZD 4H - Range ConsolidationWaiting for the prices to give a direction.
Possible Accumulation as per Bias and also Possible Redistribution if we look at Double Top Scenario
EURNZDFor a long time, the price in eurnzd has been exchanged in a price range.
The interesting thing here is that there is a high probability that we will see lower lows (i.e. price at 1.62)
if continue keeps above the simple moving average of the price of a security then we will see the price at 1.60.
but we can also see a value above 1.7 although I think it will take a while until we see the this price.
Good trade to all!
and always remember Risk Management!!!!
EURNZD 4H Short - Range Break - RedistributionEURNZD one the verge of making decision. Possible Redistribution and sells opportunity ahead
EurNzd- To resume its downtrend?The trend for EurNzd is clearly down and after correcting and confirming 1.7 as strong resistance (twice) the pair started to roll back to interim 1.6650 support
A break here would also confirm a double top formation and give scope to a retest of 1.6350 low.
Rallies should be sold and only a clear break above 1.7 would negate this bearish scenario
** EURNZD ** a quiet week for EN, one to watch into next week.Hi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone.
Evening all, gold trade currently open,
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** EURNZD ** short trade currently open will it reach TP????Good evening, an update for you all on today trades.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
EurNzd- Down continuation?After February's low around 1.6350, EurNzd recovered and reach, as I expected, 1.7 resistance.
A double top was formed here signaling that the correction is over
Now the pair is under the ascending trend line and we can speculate that the downtrend has resumed
I expect a new drop to 1.6350 support and only a break above resistance (1.7) would negate my scenario
EURNZD - Bearish Opportunities !Welcome to our Trade Setups - April 16th ( EURNZD ) !
SELL EURNZD
ENTRY LEVEL @ 1.66840
SL @ 1.67849
TP @ 1.64820
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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Have a great week everyone!
EURNZD trendline breakout - Possible short setupEURNZD tested 1.6690 highs and tried breaking out but failed. Eventually breaking out multi-days bullish trendline.
As the momentum is quite strong so there is scope to further go towards 1.6668 lows. Wait for a pullback and trigger short if it breaks the pullback range.
Trade Safe!
EUR/NZD Hit All Targets +275 Pips 0 Drawdown , Waiting For Long 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 SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURNZD .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
EUR/NZD Running In 130 Pips Profits And New Entry Available 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
EUR/NZD Short set-upHello humans 🖖
This is my set-up for EUR/NZD
Sell-order: 1.69293
Take-profit: 1.67934
Stop-loss: 1.69873
