eurnzd when EUR/NZD targets liquidity below, it is likely setting up for institutional accumulation before a possible bullish move, offering strategic long entry opportunities for savvy traders.
EURNZD trade ideas
EURNZD From what I can see, this pair has been falling ever since November 5. Since the Euro looks to be getting weaker across-the-board, I suspect this head and shoulder pattern will hold, resulting in bearish sentiment.
eurnzd h2 long/short +200/+400 pips swing trade plan🔸Hello traders, let's review the 2hour chart for EURNZD today.
Rangebound trading condition recently, currently expecting a re-test
of the mirror S/R resistance overhead and then sellers will take over
from the resistance.
🔸Key levels for EURNZD traders: 7860 s/r bulls, 8050/60 s/r bears,
7659 mirror s/r bulls level will get re-tested by the bears for liquidity.
🔸Recommended strategy for EURNZD traders: the sequence
is long/short so you want to buy low off the s/r bulls at 7860 SL 40
TP +200 pips, this is the bounce play / re-test of the mirror s/r bears
at 8050 then flip short at/near 8050+-10 pips SL 50 pips TP1 +200
TP2 +400 pips final exit bears at mirror s/r at 7650. this is a swing
trade setup, patience required. good luck traders!
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EURNZD 20 Nov. 2024 As you can see , Euro kiwi is in a down trend and it is trading at it's supply zone !
So it's a great idea to sell at the top !
EURNZD Sell now !Price is at a strong resistance level and we can see it gave us a nice rejection. So we can take the sell trade now. 1:2 risk rewards.
EUR/NZD SHORT FROM RESISTANCEHello Traders
In This Chart EURNZD 4 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 - Up Your Accuracy With Price Action AnalysisHere's a live runover of the EURNZD and several lessons on utilising price action properly.
EURNZD long ove
Price had hit and bounce off a strong support level, reacted bullishly and hence we cloud see more upward movement in price.
EURNZD SELLEURNZD has a created a H&S pattern, a break below the neckline will validate a sell. Let me know what you thin in the comment section
BUY EURNZD - Price action entry explained in detail Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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A SELL COMING FOR THIS PAIR!A clear setup for this pair. If you're looking for a good SELL, EUNZD is one of the pairs you should consider trading. Keep an eye on it; it will yield nice returns!
EURNZD / LONG / M15EURNZD may rise from the Bullish Order Block
BULLISH ORDER BLOCK :- 1.79863 and 1.79783
EURNZD has tapped into a key bullish order block and is showing early signs of a potential reversal. This zone represents a significant area of institutional interest where buy orders are likely concentrated. The market structure remains bullish, making this an ideal level to consider entering a long position.
Using Smart Money Concepts (SMC), this setup has been meticulously analyzed to align with high-probability trading zones. The price has already touched the order block, suggesting it’s time to take action. With a favorable risk-to-reward ratio, this trade offers an excellent opportunity for upside momentum.
Stay tuned and let’s see how this plays out—there’s a strong chance of ending in profits! As always, remember to manage your risk effectively while trading. 🚀
EURNZD / LONG / M15
LOT :- 0.1
Entry Profit :- 1.79838
Take Profit :- 1.80048
Stop Loss :- 1.79628
Potential Short Setup – Head & Shoulders Pattern in PlayThe EUR/NZD currency pair has recently exhibited a head and shoulders pattern, a technical formation that often signals a potential reversal from an uptrend to a downtrend. This pattern comprises three peaks: the central peak (the head) is the highest, flanked by two lower peaks (the shoulders). The neckline, drawn by connecting the troughs between these peaks, serves as a critical support level. A decisive break below this neckline typically confirms the pattern and suggests a bearish reversal.
INVESTOPEDIA
In the case of EUR/NZD, the price has approached the neckline, which lies within a significant resistance zone between 1.8065 and 1.8160. A successful breach of this area could lead to further downward movement.
TRADINGVIEW
For traders considering a short position based on this pattern, it's prudent to wait for a clear break below the neckline, accompanied by increased trading volume, to confirm the bearish reversal. Setting a stop-loss order just above the right shoulder can help manage potential risks. The profit target is often estimated by measuring the vertical distance from the head to the neckline and projecting this distance downward from the breakout point.
INVESTOPEDIA
As of November 22, 2024, it's advisable to monitor the EUR/NZD pair closely for a confirmed neckline break before initiating a short position. Incorporating other technical indicators and staying informed about fundamental factors affecting the euro and New Zealand dollar can provide additional insights to support your trading decision.
EURNZD SELL (HEAD AND SHOULDER + PRICE ACTION)EURNZD is showing a potential head and shoulders pattern, with the left shoulder already formed and the price approaching the neckline. This setup aligns with the overall bearish market structure, following a sharp downward move (flash), now entering a consolidation phase. The current price action suggests accumulation of sell orders, setting the stage for a strong down move once the neckline is broken. A short scalp could be considered once the pattern completes and the price breaks below the neckline, with a stop loss placed above the right shoulde
Will EURNZD go bullish or bearish in the ranging market?This pair has been in a ranging market for the past one year and it has not yet shown any signs of breaking out of it. With that, I do anticipate that the price will keep on testing and retesting the fib levels within the zone, and it will test the 0.382 and 0.236 levels(according to the frame)
There has been formation of the three rising stars candlestick pattern and an inverted hammer( according to the daily timeframe) and I anticipate that there will be a bearish momentum.
I will give an analysis using the shorter timeframe to show the entry levels. Targets are 1.78 and 1.764
EURNZD SELLS- We are on the Daily Order block that's where I'm taking my sells.
- killzone London session .
-Looking for that 15mims CHOCH
Risk Management is always the key
Goodluck!!!!
EURNZD / M15 / LONGEURNZD may rise from the Bullish Order Block.
BULLISH ORDER BLOCK :- 1.80513 and 1.80451
EURNZD is currently showing a strong uptrend, reflecting bullish momentum in the market. A significant bullish order block has been identified between 1.80513 and 1.80451, just below the current price. This zone represents an area where institutional traders are likely to accumulate buy orders, making it a key level to watch. Traders have two options: either enter a long position now, aligning with the trend, or wait for the price to retrace into the order block for a more optimal entry. This setup is rooted in precision and patience, crucial elements for successful trading.
Using Smart Money Concepts (SMC), this setup aligns with institutional trading strategies, providing a strong basis for expecting bullish momentum. There’s a significant possibility that this trade will end in profit. Let’s monitor the price action closely and see how it unfolds!
EURNZD / M15 / LONG
LOT :- 0.2
Entry Price :- 1.80512
Take Profit :- 1.81157
Stop Loss :- 1.80297
buy EURNZD !buying erea (1.78766-1.77451)
sl (1.77385)
tp1 (1.82738)
tp2 (1.91489)
second buying erea (1.76428-1.74879)
sl (1.74800)
tp1 (1.82738)
tp2 (1.91489)
Long EUR/NZD Trade SetupPrice has broken out of the falling wedge structure and price forming a higher high post breakout. We are going to be taking a long position here.
Entry: 1.8002
Targets: 1.8116 & 1.8232
Stops: 1.7882
EURNZD I’ve opened another sell position on this pair. It looks to be respecting the head & shoulder pattern. I’ll be looking to open another position when it breaks the support of the pattern.
EURNZDEURNZD short. The pair has Daily QM that broke out, this is further supported by the Daily breakout at current price action. I have already shorted from the H4 close.
EURNZD: Bullish Move From Support Confirmed 🇪🇺🇳🇿
EURNZD nicely reacted to a daily horizontal support.
First, the price started to consolidate within a narrow range
after its test.
Then a bullish movement initiated and the price violated both
the resistance of the range and the upper boundary of the falling wedge pattern.
We can expect more growth.
Goal - 1.7964
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