EURNZD 500 PIPS LONG Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going long
EURNZD trade ideas
EURNZD - Bearish TrendEURNZD is on Bearish trend and seems to continue. Harmonic's AB=CD pattern shows the potential reversal zone. No Divergence on RSI on 1Hr and 4Hr chart.
EURNZD is in complete bearish phasewith no divergence the trend is looking good to make new LH and LL and it is also respecting the trendline
EUR/NZD may fall 55 - 77 pipsOur pivot point is at 1.7644.
Our preference
The downside prevails as long as 1.7644 is resistance.
Alternative scenario
Above 1.7644, look for 1.7680 and 1.7702.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.7617 and 1.7621).
Supports and resistances
1.7702 **
1.7680 *
1.7644 **
1.7629
1.7612 last
1.7557
1.7535 **
1.7513 *
1.7491 **
Number of asterisks represents the strength of support and resistance levels.
EURNZDWe can attempt to buy EURNZD from specified level as it break LH ,trendline resistance , also print HL , also there is bullish divergence indicate that it moved upward.
SL , TP mention in chart.
EUR-NZD Will Keep Falling! Sell!
Hello,Traders!
EUR-NZD is trading in a
Downtrend and the pair
Broke the key horizontal
Level of 1.7637 which is
Now a resistance and the
Pair made a retest and
And is going down again
So I am bearish biased
And I will be expecting
A further move down
Sell!
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EURNZD intraday rallies continues to attract sellers.EURNZD - 24h expiry
Our short term bias remains negative.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
50 4hour EMA is at 1.7683.
We look for a temporary move higher.
The sequence for trading is lower lows and highs.
We look to Sell at 1.7683 (stop at 1.7733)
Our profit targets will be 1.7563 and 1.7533
Resistance: 1.7650 / 1.7680 / 1.7720
Support: 1.7620 / 1.7571 / 1.7530
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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EURNZDEURNZD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.8000.
What you guys think of this idea?
EURNZD waiting for long confirmation/entry EURNZD D2 demand in control
Waiting for a lower time frame confirmation entry
EURNZD - Took 0.7R profit before going to sleepEntry:
- Price broke through a sideways action.
=> dominant pressure at that moment was down.
- Pullback 40-50%
- Setup DD.
Exit:
- Price was strongly down at the breakout bar.
- Took 0.7R profit before going to sleep in only one bar.
=> then went to bed. In the morning price does go in another direction
=> good decision have been taken.
EURNZD D1 demand in control EURNZD tested our zone and the 4h supply mentioned in the previous post took the price to a lower low.
Will the demand zone even lower be tested?
We shall see. Big news on the euro this week.
EURNZDBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry and invalid lines for 1h TF.
EURNZD 450 pips projectionLooking at the Daily timeframe, we can see that price is in a big Triangle pattern and it's about to test the Bullish trend line. Upon touching the trend line, wait for a clean Bullish Daily candle to close for confirmation, then swing all the way up to the top of the triangle. Let me know what u think in the comment section.
EURNZD long, i have been waiting ..Ok so this beaut has me really excited for this level, lets see what will come of it and if my analysis is correct in conjunction with a new software i have been using
EURNZD: Waiting For Breakout to Sell 🇪🇺🇳🇿
EURNZD is trading in a bearish trend on a daily.
Currently, the price is testing a key horizontal support.
Its breakout will be an important bearish signal for us.
A daily candle close below 1.762 will confirm the violation.
A bearish continuation will be expected at least to 1.7555 then.
❤️Please, support my work with like, thank you!❤️
EURNZD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EURNZDLooking for a Buy opportunity in EN.
Reason to buy: Price is in Over sell area. so there will be a pushback before it go for more short.
Otherwise price will go till the Last support area of EN where I marked it, then it will go up to the Resistance zone which I marked in box.
Use proper risk management.
Thank you
6/2/2024 SELL EUR / NZD 23 - 33 PIPS 1 DAY FXCLLC TRADER - NORMAN SPENCER
SELL 1 HR CHART
EUR/NZD @ 1.76567 target 1.76329 (23 pips) 1.76231 in sight (33 pips)
Fib retraction .236 and well below the 50,100 and 200 EMA on the daily chart
STOP LOSS .76645
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EurNzd going down but I looking for reversalAs you see on chart nice short after harmonic, still price can go a bit more down and I lokking for reversal...
eurnzd. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD Potential DownsidesHey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.76900 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.76900 support and resistance area.
Trade safe, Joe.
