7 Dimension Analysis For EURNZD Yearly 🕛 TOPDOWN Analysis
Yearly: A multi-year bearish structure persists, notably mitigated after the 2020 liquidity. The current chart suggests a potential trend shift.
Monthly: The market induces a significant move, establishing a proper internal structure with clear mitigations. The last two candles exhibit pronounced long wicks, rejecting from previous long wick order blocks.
Weekly: A well-defined weekly internal bearish structure is in place.
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive move is intact after a proper BoS, with a pre-breakout buildup near support levels. It's advisable to monitor any support breakouts for potential sell entries.
🟢 Inducement: Done
🟢 Pullback: Completed with a proper liquidity sweep
🟢 Internal Structure: Sideways
🟢 Decisional OB: Mitigated; waiting for support breakout due to observed volatility spikes and a massive supply at the decisional OB area. Distribution is evident in the same area for the third time.
🟢 Time Frame Confluence: Daily and H4
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal - Rounding Patterns, Triple Bottom (waiting for failure). Consolidation Rectangle - A strong consolidation range; waiting for support breakout. Continuation.
🟢 CANDLE PATTERNS: Massive consolidation range; avoiding candlestick patterns in a sideways market.
3️⃣ Volume
🟢 Fixed Range: According to it, in this bearish volume,
🟢 Volume on Breakout: Awaiting this
🟢 Volume during Consolidation: Not as needed so high chance market continue its fall moves
4️⃣ Momentum RSI
🟢 Zone: Bearish to strict sideways
🟢 Range Shift: Bearish to sideways; intact from many sessions, indicating a lack of bullish power to break this range.
🟢 Divergence: Some bullish divergences observed, but not strong enough to manipulate the market.
5️⃣ Volatility Bollinger Bands
🟢 Middle Band: Price is under the middle band.
🟢 Contraction: A long and strong contraction; breakout will be crucial for this move.
🟢 Headfake: A very clear headfake, suggesting a potential sharp downward move in the coming sessions.
6️⃣ Strength According to ROC
🟢 Values: EUR 3.47 vs. 7.20, clearly showing the strength of NZD.
7️⃣ Sentiment
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Bearish
☑️ Current Move: Sideways; waiting for breakout
✔ Support Base: Previous swing low is support
☑️ Candles Behavior: Bears' candles appear stronger than bullish.
💡 Decision: Sell at the support line breakout
🚀 Entry: 1.7382
✋ Stop Loss: 1.7602
🎯 Take Profit: 1.6758, 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3
🕛 Expected Duration: 15 days
SUMMARY: The analysis reveals a persistent bearish stance with indications of potential bearish continuation. Monitoring support breakout for sell entries is advised, considering the observed volatility and supply factors. The decision emphasizes waiting for the right breakout conditions.
Eurnzdsignal
7 Dimension Trade Idea For EURNZD 😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Liquidity sweep and start impulse
🟢 Pull Back: 1
🟢 Internal Structure: Bearish
🟢 Decisional OB: Mitigated and gave a proper reaction
Support Resistance Breakout/CIP: Playing a major role
🟢 Traps: False Breakout, considering the continuation, Shakeout
🟢 Time Frame Confluence: Daily
2️⃣ Pattern
🟢 CHART PATTERNS: Consolidation Gramophone Breakout, Shakeout Continuation Done
🟢 CANDLE PATTERNS: Long wick: at CIP area bearish, Momentum: many bearish candles appeared here,
3️⃣ Volume
🟢 A substantial volume observed during the consolidation phase, and also good at the breakout, meaning bears have full control of this pair
4️⃣ Momentum RSI
🟢 Zone: Bearish to sideways consolidation
5️⃣ Volatility Bollinger Bands
🟢 Middle band: Price Around here
🟢 Price is fully contracted in this point, volatility is compressed
6️⃣ Strength According to ROC
🟢 Values: 3.33 vs 7.04, NZD is much stronger than EUR
7️⃣ Sentiment: A small sell entry
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish
☑️ Current move: Impulsive
✔ Resistance Base: Trend line resistance
☑️ Candles Behavior: Momentum
☑️ FIB Trigger event: Done
☑️ Trend line breakout: Done
💡 Decision: Sell right at the opening
🚀 Entry: 1.7498
✋ Stop Loss: 1.7555
🎯 Take Profit: 1.7305
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.3
🕛 Expected Duration: 3 days
SUMMARY: The analysis indicates a bearish stance with a well-defined structure and pattern confluence. Volume and momentum align with the bearish bias. The decision is to sell at the opening with specified levels for entry, stop loss, and take profit, considering potential internal structure changes and trendline breakouts.
EURNZD H3 / Strong resistance level, SHORT TRADE OPPORTUNITY ✅Hello Traders!
This is my perspective for EURNZD H3. I see a strong resistance level on a descending trend. Also, another important resistance level at the price of 1.76300 where I expect a retracement until the DL (Daily Low), representing a good opportunity for SHORT TRADE EXECUTION.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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DeGRAM | EURNZD pullback tradeFX:EURNZD tested the resistance at 1.75500, which is a kill zone.
It is trading in the descending channel. Price made a pullback from the support.
There's a nice kill zone to short at the resistance level, 50% fibo level, and dymanice resistance.
We expect a bearish move from the kill zone since the trend is bearish.
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EURNZD Buy/Long SignalEURNZD looks like a clear indicator on the daily for a nice day trade/swing trade set up. It has bullish momentum potential since the supporting trendline indicates a set up for a swing upward for the next few weeks. Please look below for a full breakdown analysis of EURNZD and any pairs you may request for us to analyze. Thank you!
EURNZD is about to bounce!The 4-hour support has proven to be a reliable level, with multiple instances of price surges originating from it. This reinforces the potential for a significant upward movement. Keep a close eye on the charts for confirmation and updates.
EURNZD. Currently, it has reached a robust support level, indicating potential for a substantial bounce.
EURUSD Looking BullishThe 4-hour support level has consistently demonstrated its reliability, as evidenced by several occurrences of notable price surges originating from this point. This pattern reinforces the likelihood of a substantial upward movement in the near future. It is advisable to closely monitor the charts for confirmation and updates.
Looking specifically at EURNZD, the currency pair has currently reached a strong support level, suggesting the possibility of a significant rebound in its value. Traders and investors should pay careful attention to developments in this context.
DeGRAM | EURNZD structure based tradeEURNZD has reached structure resistance in the ascending channel.
The market is in consolidation, and most likely, the price will bounce off the resistance zone because it is decelerating.
Pullback from the killzone is expected: structure resistance + dynamic resistance and Fibonacci 161.8% extension level.
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EURNZD I Double top soon to be completed and bounce from demandWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DeGRAM | EURNZD breakout of the dynamic supportEURNZD broke and closed below the psychological level at 1.81000, which became a resistance.
Price is trading in the descending channel; it broke through the dynamic resistance as well.
There's a nice confluence zone to short at the resistance level. We expect a sharp move down and a retest of the support level.
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EURNZD I Potential short from resistanceWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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EURNZD Long Term Selling Buying IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD is in possible down waveAn opportunity seems to be emerging in the EURNZD as it indicates a downward trend. Consider initiating a sell position upon observing the breakdown.
Should the downward momentum not sustain, observe the price action at the top and consider selling from that point.
Wishing you success in your endeavors.
DeGRAM | EURNZD downward movementEURNZD is testing the significant level at 1.77000, which is the psychological level.
The market is making lower lows and lower closes in the descending channel, indicating a bearish trend.
We expect a bounce off the resistance and channel border and a potential further bearish move.
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DeGRAM | EURNZD psychological levelEURNZD reached resistance and a psychological level of 1.78000 and bounced off it following the divergence.
The market is in a bearish trend, and most likely, the price will bounce off the resistance level.
We expect trend continuation opportunities if price gives us a sign, such as a pinbar showing a false breakout.
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DeGRAM | EURNZD trend continuation opportunityEURNZD broke and closed below the significant level at 1.795000, which became a resistance.
The market is making lower lows and lower closes, indicating a bearish trend.
We expect a breakout pullback and continuation formation.
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EURNZD ____ INCOMING BEARISH AND BULLISH MOVEHello Traders,
Here is a pair that has the potential to provide a bearish move and a bullish long-term rally.
The bearish move will likely complete the retracement on the weekly chart and once the price has traded into the weekly order block, I speculate that the rally will aim to sweep the trendline liquidity that has built up.
Follow for more updates.
Cheers,
Jabari