Eurnzdshort
EURNZD - ReversalsThis pair needs to attempt to make a reversal just below the previous low at the daily ATR level. I have illustrated what I think will happen.
EURNZD SELLAccording to market structure , a bearish movement is there and steep flag breakout providing a good confirmation of strong sell with a good bearish candle 🙌
EURNZD short trade planEURNZD Sell - ENTRY- 1.69378 SL- 1.69778 TP- 1.68370 NOTE - Please do your own analysis before taking this trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURNZD short trade ideaHey 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.
EUR/NZD down trend now LH and is going to drop to LLHi traders,
as we look at EUR/NZD, It is in an down trend and is still going down.
After the EU market opened EUR/NZD broke a bit above the trend line this is normal and prob go down, because it is in an down trend right now.
If you take the trade good you will have a 1/5 rr ratio. Still be careful I'm not responsible for your trades.
Semfttrading
EURNZD - Bearish BiasEUR - BEARISH
1️⃣ Concerns over rising COVID-19 cases, fresh lockdowns and the slow pace of vaccination.
2️⃣ The European Central Bank's economic bulletin showed that Euro Area economic indicators pointed to a fourth-quarter economic contraction.
NZD - BULLISH
1️⃣ The positive risk tone boosted the antipodeans.
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Technical
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We are looking to sell the EURNZD at the resistance of 1.69000 + below SMA 50 on the H1 chart.
EURNZD clear shortEURNZD broke one of his strongest support zones. The whole pattern oscillates under high bear pressure. There is a clear short position without argument
EURNZD - Range Needs BreakingFrom a higher timeframe perspective, this pair has been travelling between a wide range.
When the market creates ranges it also accumulates orders at supply and demand regions.
I believe we may see a scoop below the previous support then a re-entry into the range, as illustrated.
EURNZD Long almost cooked upWait for the retest of the bright blue-green declining trendline on the 1HR chart and enter on success
Looks clean, initial TP will be at the previous swing highs as indicated
Depending on momentum at this point may leave in 30% to try to run higher as the shape height suggests the TP should be nice and high
Stops just below a key SR level, not risking more than a couple % of my account!
Lets run it...
EURNZD - Rocket TimeI took this trade with the team before Christmas and it is now beginning to flourish. You will notice that price bounced from a prior support zone and has now shifted structure, this is a good indicator that bulls could be ready to take over.
EURNZD ANALYSISEURNZD ANALYSIS
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Idea is not the financial advice!
