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Eurnzdsignal

EURNZD ____ INCOMING BEARISH MOVEHello Traders, This pair has rallied for the longest, however, last week it printed a bearish CHOCH on the daily timeframe. My speculation is for price to trade into the orderblock it created and continue the bearish move. Once price trades into the orderblock, I will go into the 1-hour timeframe to watch for a CHOCH before going short. See the analysis of correlated pairs below: NZDCHF & NZDSGD Follow for more updates like this NZDCHF ANALYSIS NZDSGD ANALYSIS Cheers, Jabari
Short
by jabariofafrica
EURNZD ____ TRADE IDEA FOR DAY TRADERS & SEMI-SWING TRADERSHello Traders, EURNZD rallied almost throughout this week and at some point it is expected to retrace. If you go on your monthly chart and use your Fibonacci to calculate the extension, you would notice that price just traded to the first expected price target and it make sense that the price should start the retracement from there. On the 1-hour chart, you would notice that a CHOCH has formed which could lead to a retracement in price. Follow for more updates like this. Cheers, Jabari
Short
by jabariofafrica
3
EURNZD ____ INCOMING BULLISH MOVEHello Guys, Let's break down EURNZD together... On the monthly timeframe, we can see that the bullish rally is meant to continue as the retracement seems completed. On the weekly timeframe, you will notice that price formed relatively equal highs (buy-side liquidity) which as you will know attracts price to sweep it. You will also notice that last week's candle depicts the continuation of the impulse leg. On the daily chart, we have a W pattern that is currently trading at a supply level (this could give cause to the retracement). You will also notice the order block of the daily chart is the same as the weekly chart. What next you may ask... I will be looking to capitalise on a short-term sell if I get an opportunity with my target to be the order block below... and I will monitor price once it enters the order block to go long. I have 2 targets for my bullish trade... the first one (yellow line) was gotten on the weekly timeframe while the second one (red line) was gotten on the monthly timeframe. Do you like the way I did this analysis?... should I continue in this form? let me know in the comment section. See below for EURCAD analysis. Follow for more updates like this so you don't miss out. EURCAD ANALYSIS Cheers, Jabari
Long
by jabariofafrica
DeGRAM | EURNZD in consolidationEURNZD  broke and closed below the 1.78000 support level, which became a resistance. At the resistance level, there is a nice confluence zone to short the market. Overall price action in the consolidation; however, the market dropped from this level twice before. Look left. If the price creates a rejection candle, we expect a retest of the support level, potentially completing the AB=CD pattern. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
4