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Eurnzdshort

EURNZD NEW ENTRY, DONT MISS OUT! Hi Traders, here is the full Video Analysis / Breakdown for EURNZD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is Appreciated! See You in the next Educational Video / Analysis #likeandfollow
Short
by Global_Fx
EURNZD, 2hr timeframe, sell on zone retest Hello my friends, Another interesting setup for today is EURNZD. Price made a double top previously and go down for 110 pips since it broken through the support. This support now turned into resistance and price currently retesting it. EURNZD also has broken below the trend line, so I could say the short term trend is now bearish. Sell EURNZD 1.8055 Stop loss 1.8120 Take profit 1 @1.7950 Take profit 2 @1.7880 RR ratio is 1 : 2.5 Risk only 1-2% of your equity Move stop loss to entry once it hit TP1 Good Luck
Short
by HayatoDragonFX
EURNZD Confirms Uptrend, but Correction is LikelyThe EURNZD 4 hourly chart above visualizes the advance between July and August 2. More importantly, it reveals that the rally is a textbook five-wave impulse. The pattern is labeled (i)-(ii)-(iii)-(iv)-(v). According to the Elliott Wave principle, this means two things: first, that EURNZD is in an uptrend; and two, that a three-wave correction can be expected before that uptrend resumes. However, if the count above is correct, it makes sense to expect a decline to wave (iv) low in the mid-term. Long positions in this area would not provide a much better risk/reward ratio than currently available. - Invalidation level is the red line on the chart - Entry is the green line which has not been triggered. What is your view on EURNZD? Thanks for reading! Veejahbee.
Short
by Veejahbee
2
EURNZD approaching 1.8231 resistance level!EURNZD still on bullish trend and it can be seen on the higher peak and higher trough formation that inline with trendline support as well. we have 1.8231 resistance level as an upside price rejection target to go short. **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 as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
5
Good Trading Opportunity for EURNZD!!! BEARISH outlook for now!!Currently, price level made a nice rejection off 1.7935 resistance level and now we could potentially see a rejection off 23.6 fib level. To determine if a BULLISH long term retracement is possible, I will be looking out for the breakout from this strong resistance level @1.7935. If so, we could see it heading towards 61.8 fib level. However, I am leaning towards a BEARISH movement for now, I will be seeing price movement going bearish minimally to 1.7600 support level. A rejection off that level will signal a good bullish opportunity but as mentioned a breakout from the strong resistance level will be a better indicator for a BULLISH climb. As of now, I will look to trade the BEARISH movement. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex