EURNZD Short scenario Clear rejection of dynamic resistance, 61.8 fib level, and clear bearish market structure, can anticipate move towards the downside. 1:10RR
Eurnzdshort
EURNZD LIVE ANALYSIS 05/03/2021We believe the EUR will drop down on the NZD to the next support region giving us about 185pips movement.
NB: Risk management largely advised.
Eurnzd Sell ( Institutional trading) BanksFX:EURNZD near to short term resistance.
Price action suggest a downfall.
EURNZD SHORTPrice has been respecting the SP trendline so far and has created a small Bear Flag that can be seen on the 1H chart
EUR/NZD New Analysis And 2 Setups Depend On Price Action 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 - Quick Entry - 15M / 2.5Here's a quickie on EN:
Entry Level: at 1.66132 NOW!
Stop Loss: at 1.66449
Profit Taking: at 1.65337
With this setup, we are risking 32 pips, to be rewarded with 80 pips!
Good luck fellow traders! Have a great day ahead!
EURNZD short trade ideaPlan : trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EUR/NZD SHORTEUR/NZD has been in a downtrend since last October, respecting the Green Trend line .
I expect the price to continue to respect the trend line and sell until it reaches the key support level or until its previous lows .
This expected movement of the price is shown by the Orange path drawn .
EURNZD Sell the downtrend.EURNZD - Intraday - We look to Sell at 1.6734 (stop at 1.6766)
Daily signals are bearish.
Broken out of the Head and Shoulders formation to the downside.
Trend line resistance is located at 1.6740.
Previous support, now becomes resistance at 1.6740.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Our profit targets will be 1.6641 and 1.6601
Resistance: 1.6650 / 1.6700 / 1.6740
Support: 1.6620 / 1.6570 / 1.6540
EUR/NZD shortsEUR/NZD has been in a downtrend for a very long time, so we are looking for shorts. Price broke out of a key support level, around 1.65430. We can expect price to retrace back to this level, and we can take a sell after conformation of trend continuation. This key level also is also 61.80% fib retracement level, which adds another confluence for a short around this level.
EUR/NZD +170 Pips And My New 2 EntriesThis 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 +60 Pips And News Setup HereThis 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 Analysis And 500 Pips Are Waiting To 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
EURNZD WEEKLY FORECAST 4HREURNZD AFTER MANY STRUGGLES WENT DOWNWARDS..NOW THE PRICE IN MAJOR DAY LEVEL SUPPORT AND WEEKLY SUPPORT ZONE ...
WAIT FOR CONFIRMATIONAND THEN GO LONG...
IF PRICE FAILS TO MOVE UP THEN GO SHORT....
EURNZD SHORTLooking for a continuation short. Overall trend is bearish, looks like a head and shoulders is forming on the four hour chart. 50% fib retracement + at daily trendline.
EurNzd- do we finally have a bottom?Since October, EurNzd dropped almost linearity and lost almost 1500 pips.
The beginning of the year found the pair in 1.66 zone strong support and, in my opinion, this is the bottom for now.
At the time of writing, EurNzd is trading at 1.6743 and dips towards 1.67 can be a good opportunity for building longs.
The target for bulls can be 1.7250 resistance and only a break under support would negate this bullish scenario
EURNZD: The price BROKE the SECONDARY TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/NZD
⚪ Technical Analysis :
Since the 8th of February 2021, the price has been following its secondary trendline, breaking through its S/R zone at about 1.67700, reaching the secondary bearish trendline after few re-tests on the same level.
On the last two bounces we can see the price forming lower highs, that could be an interesting sign of weakness.
The price is currently re-testing the S/R zone and the main trendline.
🔴 Conclusion :
I'm confident to see the price failing its attempt to break the S/R zone and falling down until the main support at about 1.66500.
In the daily chart, the last few days closed with a bearish pin bar could be a confirmation of an upcoming downtrend.
I'll be waiting for the breakout of the support zone at 1.67230 before planning my short position on this trade
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EURNZD ANALYSISeurnzd made
- triple top
- rejected
confirmation to the downward
Please consider to put a like to my idea for supporting me & subscribe for more ideas.
Idea is not the financial advice!
EURNZD Sell Signal | Entry details on the chart Hey traders, here is the analysis for the EURNZD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
