Eurnzdshort
EURNZD Sell the wedge.EURNZD - Intraday - We look to Sell at 1.6912 (stop at 1.6941)
Price action has formed a bearish ending wedge formation.
Offers ample risk/reward to sell at the market.
The bias is to break to the downside.
Daily signals are mildly bearish.
Previous support, now becomes resistance at 1.6900
Our profit targets will be 1.6831 and 1.6811
Resistance: 1.6915 / 1.6970 / 1.7000
Support: 1.6870 / 1.6830 / 1.6800
EURNZD > Bearish Bat Pattern!!Analysis on #EURNZD
Hello friends.
Possible bat pattern near strong supply zone where the price fell sharply 275 pips,
I will keep an eye on this pattern for the D leg completion to enter a short trade
if this setup delivered value to you, like and comment
Check today analysis below⠀
>>“Markets are never wrong, but opinions often are.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EUR/NZD Running In 240 Pips From Last Analysis ,Did U Catch It ?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 Running In 50 Pips Profits From Last Analysis CongratsThis 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 New Update And Sell Option Available Now !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, 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.