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NZDEUR

NZDEUR, Major BULL-Flag-Formation, Targets Objections!Hello There! Welcome to my new analysis of NZDEUR. In recent times I have spotted many gems within the forex market. With NZDEUR I have analyzed the underlying dynamics and spotted important determinations that have the potential to elevate NZDEUR into a massive bullish breakout development with expanding price-action dynamics and activation of important target-zones. In this case, NZDEUR is a considerable long-side opportunity, and when continuing with a total-return approach as I am doing it the best is to also consider other short-side opportunities in the market. When looking at my chart NZDEUR moved forward with completing a highly important formation here which is this major ascending channel formation and NZDEUR continued with an appropriate breakout above the upper boundary confirming the boundary as the main support level together with the 65EMA and 35EMA. Furthermore, NZDEUR has the main structure support within the range marked in orange in my chart. NZDEUR already bounced several times in these important support zones and is now building a greatly determined bull-flag formation above the prevalent support levels. Taking all the major factors into consideration here the next time the final bull-flag completion breakout of NZDEUR should be considered. Once the final bull flag has been completed as marked in my chart with the final bullish bull-flag breakout setup this is going to be the origin of the major wave-E expansion movements toward the upside dynamics, and once this final breakout has shown up it is going to activate the initial minimum target-zone as marked in my chart at 0.5708, above this the second target-zone will be at 0.57382, and the final target-zone will be within the 0.577 level. Thank you everybody for watching my idea about NZDEUR. Support from your side is greatly appreciated. “I always knew I was going to be rich. I don't think I ever doubted it for a minute. ” VP
by VincePrince
2
⚠️EURNZD Ready to Fall⚠️EURNZD is moving near the resistance lines, and two candles formed a Bearish Engulfing Candlestick Pattern 4 hours ago, which can be a 💡 Sign 💡 of the beginning of a decline. 🔔I expect EURNZD to fall to at least the support line . 🔅Euro/New Zealand Dollar (EURNZD), 4-hour time frame⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
8
NZDEUR, Bull-Flag-Formation, Considerable Breakout Perspectives!Hello, Welcome to this analysis about NZDEUR and the 4-hour timeframe perspectives. As I discovered NZDEUR is developing some interesting structures from where it has the ability to build up and emerge with a breakout to add with increased volatility. As when looking at my chart now we can watch there how NZDEUR recently managed to bounce above the 10-EMA in red and above the dynamic horizontal-support-line, whereas the dynamic horizontal-support-line is more important here as it is major support because NZDEUR in the previous price-action had this line both as support and resistance, therefore, it is now serving as a strong resistance now. What is crucial in this case is that NZDEUR also forms a deliberate bull-flag-formation above these zones marked in my chart in black with the coherent wave-count within already completed and therefore NZDEUR is technically ready to set up and complete the formation with a breakout above the upper boundary, when this happens and NZDEUR closes above the upper boundary it will activate the upper target zone marked in my chart at the 0.606 level. As NZDEUR already increased with bullishness in the structure the breakout has a high likelihood to show up in the upcoming times. Once the target-zone has been reached the situation needs to be elevated anew and NZDEUR needs to show if it manages to continue bullishly or firstly reverses which will be not unlikely. In this manner, thank you for watching my update-analysis about NZDEUR and the main bull-flag-formation-structure with the incoming high-likelihood breakouts, support the analysis with a like and follow or comment for more market insight! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
13
EURNZD inverse H&S, correction only or continuation of uptrendLooks like a basic inverse H&S here. Could be just a correctional move up before continue to drop again. But i think it might the start of some more upwards movement. Already trying to break up, it should not drop below the right shoulders anymore. If we do continue to move up a bit, than the neckline should not break anymore. With higher time frame H&S there can be noise, but low time frame usually has to follow the rules.
by botje11
6
EURNZD I still have my mid-term bullish glasses on for this asset. Could be we have reached a low again at the current price. It looks like buyers are attempting to turn it up already, but not there yet. Looks like a legit channel, the range between the green and red. So we should see follow through if either one breaks. If the one at the low breaks, i would keep an eye out for a false move, something like the red line. If it drops and goes back up again with similar speed, it could be the low is set and then we should see a counter move up again. Previous analysis:
by botje11
1