EURNZD: Bullish Continuation & Long Trad
EURNZD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry - 1.8001
Stop - 1.7931
Take - 1.8140
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD trade ideas
EURNZD BUY 1:3.5 RR probabilityHello Traders
1. A complete expanding triangle has been formed
2. Unmitigated gap 1.81518
3. Impulsive move reaction from E wave needs to react and move towards the Gap to complete the structure.
4. Engulfing candle in the 15 min TF OR 61.8% fib retracement of E wave
Strategy : Engulfing candle 15 min/FIBONACCI retracement
Entry: 1.80660
Stop loss: 1.80400
Take Profit: 1.8500
EURNZD POSSIBLE BUYThe market is currently testing the current weekly structure for a 3rd bounce on the Daily TF. Based on market trend, the market seems to have formed a 4HR base by the strong closure. We could possibly get more BUYING opportunities coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURNZD
Entry - 1.8068
Sl - 1.7986
Tp - 1.8200
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
eurnzd analysis. 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 trade
Bullish Sentiment in EURNZD All confluences are in check already. I would have gone in aggressive from the the daily demand but due to its sitting slightly at equilibrium,I’ll need to execute with confirmation(choch) entry on 15m-4hr depending on which of the ltf it emerges. Targeting the first high at TP1 and last the last high as TP2.
Note: this is all a probability as we all know.
EURNZD next move(expecting a bearish move)(mid term)(18-08-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term(18-08-2024)
Current price- 1.82100
"if Price stays below 1.83800 , then next target is 1.80900 and 1.78900 and above that 1.84500.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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EURNZD Will Go Up! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.806.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.824 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Bullish bounce?EUR/NZD is falling towards the pivot which has been identified as an overlap support and could reverse to the pullback resistance.
Pivot: 1.80567
1st Support: 1.79290
1st Support: 1.79290
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURNZD1.EURNZD has made a break of structure to the bullish side, since then, the price has been ralling up for a while.
2.The price has to make a correctional move before making another rally up, so the price has successfully managed to make a correctional move.
3.The current price has made a retest, so we place our entires as the price is reacting off of the flip zone(retest zone).
4.We buy EURNZD
eurnzd buy signal. 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 trade
EURNZD next move(expecting a bullish move)(mid term)(12-08-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term(12-08-2024)
Current price- 1.81600
"if Price stays above 1.80600 , then next target is 1.82600 and 1.84600 and below that 1.80000.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.