Eurnzdsignal
EUR/NZD Trading Plan- We're gonna wait for a pullback & BUY confirmation near 1.7740
- Our target will be near 1.8100
- If this reaches our target which means it will form a harmonic pattern.
- We'll look for sell confirmation from 1.8180 to 1.8120
- Our next target will be near 1.7820
EURNZD falling below 1.77000 what is the next level?EURNZD
📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another.
📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland was the recent hindrance for the New Zealand dollar. There is no major economic events in this week apart from daily auction prices
📍 Positive vaccine news will boost the New Zealand dollar. In smaller timeframe the price is trading below the 50% Fibonacci and the major price action level
📍 RSI is below 50 level and turned towards south. Expected weekly trading range will be from 1.78000 to 1.73000
📍 After reaching the 1.82000 level which is August high price felled towards 1.74000 which is major psychological level too
📍 Price action level is currently acting as the support for EURNZD. And the golden cross was happened in 50,100,200 EMA
📍 1.77000 is next major psychological level acting as support for the bearish trend.
📍 We can open suitable selling positions from current level. And the potential take profit will be around 1.74000. Coinciding with 78.6% LTF Fibonacci level. Stop lose may place above 1.79750 is a low volume area
📍 Major trend line was broken on 25-Aug on Lower timeframe trend line was also broken
📍 Ichimoku cloud is also acting as a support for the selling of this pair
EURNZD signal (LONG)Hello friends.
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Everything on the chart.
open pos: buy on correction 0.5 - 0.62% fib
targets: 1.776 - 1.7815 - 1.7845
after first target reached move ur stop to breakeven
stop: 1.751 and lower (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
Good luck
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EURNZD Buy ideaEURNZD nearly formed an inverted head and shoulders if break above neckline very good RR
EURNZD selling opportunityAfter reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory
At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD
And major resistance was broken and the resistance turned as support for the downfall
the primary target would be 1.74180 and the next target would be 1.72700
EURNZD is ready to pullback The impulse move has completed, confirmed with RSI divergence oF wave 3 and 5 endings, I recommend buying the correction,
Target is 38.2 Fibonacci level of the five-wave swing down
EURNZD - sell biased for this pairHi all traders.
Am looking for this potential trade on eurnzd
Cheers!
EurNzd- Do we have a top in place?After the double bottom at around 1.72, EurNzd has risen 1000 pips almost vertically.
A top could be in place now marked by a double Pin bar formation and some kind of tweezer top at the end of last week.
Now the pair is hovering just above 1.8 important support and a daily close under this support could lead to a deep dive to 1.76 zone.
Sell rallies is my strategy for this pair
Forecast on the weekly.Buy to resistance and short from there...Eurnzd on it way to restest the march high/resistance..Buy now to resistance and sell or short from there..Use proper risk management and lot size since this is the weekly timeframe.. Pls donate whatever you can and good luck
EURNZD ShortPrice broke a long holding support level and is showing signs of indecision and isn't just pushing up from the level like before. Going to target the next support level with a 1-3RR.
Just Went Short On EURNZDPrice is failing to continue bullish with multiple wick rejections and just formed an inverted hammer on the 1 hr so I am looking for it to drop to the previous support. 1-3RR and will move SL to break even once its 20 pips in profit .
EURNZD / BUY IDEAAnother breakout from resistance, I believe this is heading to the above resistance level but will retest the trend line
EURNZD - BUY REVERSALWe are in an area where price has reversed before, we are looking for buys in this area
EURNZD - BUY
SL - 1.69570
TP - 1.75211
NZDJPY - NICE DROP COMINGCurrently waiting for price to break out of consolidation then we will be selling to the target area
1800 PIPS!! YES PLEASE!! Price has hit a level of resistance, it is currently tracing to a lower level of support before continuing the up trend.. BUY once price closes above the line on a 4H to the target area
EURNZD, BUY on H4- Probable Bullish Gartley Pattern formation.
- 1.7220-1.7190 is a fresh Demand Zone.
- If it creates Double bottom on that zone on H4 or if the daily candle gives us reversal price action signal then you can enter as buy.
- Tp would be at the 50% retracement of X to A leg.
EUR/NZD, time to Reverse?EUR/NZD is approaching a very strong demand area, from which I would expect the price to make at least pullback, if not even Reverse from its current down turn.
