RR=2.64trend strong bullish . Price bounced on a support level after a false breakout and made a breakout of a strong resistance level expecting it to keep rising and form a bearish expanding triangle . Potential target 1.821 PS never risk more than 2 % of your capital per tradeLongby slim72
EURNZD intraday dips continue to attract buyers.EURNZD - 24h expiry Bespoke support is located at 1.8000. A lower correction is expected. We look to buy dips. Expect trading to remain mixed and volatile. Daily signals are mildly bullish. We look to Buy at 1.7995 (stop at 1.7955) Our profit targets will be 1.8095 and 1.8125 Resistance: 1.8050 / 1.8090 / 1.8109 Support: 1.8000 / 1.7980 / 1.7935 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Longby OANDA1
EURNZD : Awaiting Triangle BreakoutPrice is trading within a triangle. A breakout to the upside will open the way to 1.81310 while a break of the support will propel the price towards 1.79430Longby DennisDimsUpdated 223
EURNZD 5MinI'm holding a short position on EURNZD, and the main reason of this trade in the 5 minute time frame was that H1 is also very bearish in my opinion and we may go way lower than my 5Min target, so both 5min and H1 showing bearish set-ups then why not. Keep in my mind that I sold two positions because its an ongoing trend in the 5minute and because I missed the first wave I doubled my position ( I guess that's what current traders who are short, are doing right now, which is add to their position)Shortby deadparkcity0
EURNZD 24/04/2024Weekly: -Inverse H&S pattern. -Bullish M pattern. -Imbalance rejected. Daily: -Inverse H&S pattern, -IC. 4H: -Inverse H&S pattern. -Imbalance acting as supportLongby HANSFXTRADER2
EUR/NZDLooking for Reversal upside as i forecast, wait and Watch price. Use lower TF for entry.Longby AFFINITY_MARKETS3
EURNZD - Head & Shoulder Pattern - 24/04/2024A Head and Shoulder pattern has been observed on EURNZD on the 1 hour time frame, following Bearish Divergence earlier, hence confirming a trend reversal, if the price breaks through the neckline. Trade Call: Short Entry: 1.79589 (Sell Stop) SL: 1.80519 TP1: 1.78689 TP2: 1.77789Shortby WaqasWasi4
EUR/NZDThe EUR is currently displaying bullish momentum, however, the EUR/NZD pair is showing signs of a potential head and shoulders pattern formation. If the neckline of this pattern is breached, we anticipate a bearish scenario to unfold.by Masoud4020
EUR/NZDThe head and shoulders pattern is a popular chart pattern in technical analysis that signals a potential trend reversal. Here's a summary: 1. **Formation:** The head and shoulders pattern typically consists of three peaks. The middle peak is the highest and is called the "head," while the other two peaks on either side are called the "shoulders." The peaks are connected by a trendline, forming a visual pattern resembling a head and two shoulders. 2. **Bearish Pattern:** - **Left Shoulder:** The first peak forms during an uptrend, followed by a temporary decline. - **Head:** The highest peak occurs next, indicating a significant upward movement. - **Right Shoulder:** Another peak forms, similar to the left shoulder, but typically lower than the head. - **Neckline:** A trendline connecting the lows of the troughs between the left shoulder, head, and right shoulder forms the neckline. 3. **Confirmation:** The pattern is confirmed when the price breaks below the neckline after the formation of the right shoulder. This breakout below the neckline suggests a reversal from an uptrend to a downtrend. 4. **Volume:** Volume analysis can help confirm the pattern. Typically, volume tends to decrease as the pattern forms and then increases during the breakout below the neckline, indicating stronger selling pressure. 5. **Price Target:** The distance from the head to the neckline can be measured and then subtracted from the breakout point to estimate a potential price target for the downward move. It's essential to consider other factors such as volume, trend strength, and market conditions when trading based on the head and shoulders pattern. Like any technical analysis tool, it's not foolproof and should be used in conjunction with other indicators for better accuracy.Longby B9A-88652-NisarAhmad0
EURNZDA "double bottom buy stop" strategy is a trading approach based on technical analysis. It involves identifying a specific chart pattern known as a "double bottom," which consists of two consecutive troughs at approximately the same price level separated by a peak. The strategy entails placing a buy stop order above the peak that separates the two bottoms. This order is triggered if the price surpasses that level, indicating a potential bullish reversal. Traders often use additional tools and indicators to confirm the pattern and manage risk effectively.Longby B9A-88652-NisarAhmad1
EURNZD- Head & ShoulderThe pair is trading near its recent high an entry can be taken in the confluence of head and shoulder pattern and bearish divergence.Shortby kiki_crypto1
Recent LH flip Expecting to go long after retracement. Waiting for price to establish a clear bullish signal as clear confirmation bias. This is because we also expect price to continue in the direction of the uptrend by retesting the recent higher low near last week low, keeping in line with the overall trend and Elliot Wave analysis by KhoraCapital2
EURNZD Short SELL Zone in PlayShort entry on EURNZD triggered. Let's see where it goes. Shortby ContrarianTradesUpdated 1
EURNZD Technical Analysis and Trade IdeaThe EURNZD has been in a strong a bullish trend across higher time frames. Our approach revolves around trend continuation, prompting us to seek entry points aligned with our predefined criteria based on price action analysis. In the presented video, we meticulously assess the prevailing trend, market structure, and price behavior, deliberating a prospective buying opportunity. It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.Long08:31by tradingwithanthonyUpdated 3
EURNZD Long Market Structure Bullish on HTF Weekly Engulfing Candle Previous Weekly Structure Point Weekly and Daily AOI in the same area Weekly Rejection at AOI Previous Daily Structure Point Daily Rejection at AOI Around Psychological Level 1.80500 H4 Rejection at AOI Strong Support Level REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 5
wolfofforex01 Market Insightwait for zone, price not in zone? No Entry This is a setup for a long position, the analysis provides for a swing on EURNZD, wait for price to push down to the marked zone and watch out for candlestick rejections in the zone, then hop on the trend.... Happy Pippin'Longby miraculzmails112
Another buy entry for EURNZD, 1hrQuick Summary As we know on my last post EURNZD was buying. Another zone has been reached with opportunities of more buy entries. An upcoming push to the upside will come in the upcoming days. With the already formed ascending triangle that has been made on our 1.80860 resistance we have a strong continuous up movement to look forward to. Longby AnalysisExpert6
EXPECTING A BEARISH TRENDHello Traders, I hope every one is doing good. On EUNZD Im expecting a down trend, it's on the very strong resistance and we you check your H1 yiu can see some reversal candles, so I'll be monitoring dc pair dc week. NB:NO REVERSAL PATTERN NO ENTRY.Shortby Bonga014
Eurnzd waiting for a push higher for break upHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for the break up Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- Longby Shadowing_The_Big_Boys0
Price Action|EURNZD Uptrend Channel Up Trading Strategy"Our ironclad departure plan: activating the 1R break-even function, initiating the 2R trailing stop, all executed through our in-house EA tool."Longby Day_Trading_Attack_Penguins1
EURNZD Date 22nd April Week Analysis22nd April to 26th April Week Analysis. It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it! Watch the charts, If you like then do follow on X and Tradingview.Longby Ashish_Devmurari2
EURNZDEURNZD daily chart is in a correction period. The price has a chance to test the support levels of 1.80483 and 1.80019. If the price cannot break through 1.80019, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana23246
eurnzd analysis elliot. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex112