EURNZD Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two strong resistance zones hold my short term view remains bearish here.
EURNZD trade ideas
30.10.24 Morning ForecastPairs on Watch -
FX:EURUSD
FX:GBPUSD
FX:EURNZD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
EURNZD the standout in Long-Currency's in Asia trade Wedesday
Hi everyone, I got into this trade not long ago to the long-side, but as it has plenty of potential I thought I would share.
On the 4HR timeframe, there is currently a bullish heads 'n' shoulders pattern adding some buying fuel.
There was a recent pullback so a good time to enter if you are after a Long trade.
On the chart, the indicator at the bottom is on-balance-volume which has had a good uptick today so far.
This trade is also trend-friendly, this is a Daily chart and you will see the thicker white line which is the 200EMA, the thinner dark-blue is 50EMA and Crimson colour is 100EMA. The very thick white arrowed line is the heads n shoulders neckline where price has broken out this morning.
Bullish rise?EUR/NZD has reacted off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.80692
1st Support: 1.7995
1st Resistance: 1.82253
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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 trade
EUR-NZD Risky Long! Buy!
Hello,Traders!
EUR-NZD is trading in an
Uptrend and the pair made
A breakout and a retest
Of the key horizontal level
Of 1.8053 and is going up
Again so we are bullish
Biased and we will be
Expecting a further move up
Sell!
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EURNZD-From a technical point of viewIn this trade idea I was bias on longs today on the pair due to the daily timeframe being bullish. I am a purely technical trader and therefore believe that anything that can affect price is already reflected in market action, my stops and entries are based on the psychology of traders meaning I look at levels and try to anticipate the actions of the traders. but anything can happen but as long as I'm following the trend I will trade any loss gladly.
NZD/CHF Long, EUR/AUD Short and EUR/NZD ShortNZD/CHF Long
Minimum entry requirements:
• 1H impulse up above area of inflection.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Potential Upside for EURNZDTechnical overview:
The EURNZD currency pair has recently formed a head and shoulders pattern, and the price is currently at the neckline of this pattern as well as a significant resistance zone (1.8065-1.8160). If the price successfully breaks through this area, it could reach the specified price targets. However, if the price reverses downward from this zone, the first valid support level will be 1.78360.
Fundamental overview:
Considering recent geopolitical tensions that have driven the market toward risk-off sentiment, along with recent statements from the RBNZ, the NZD has weakened over the past month. If tensions continue to escalate in the coming days and weeks, we can expect this currency pair to increase further.
This analysis will certainly be updated after the price reacts to the resistance zone and neckline. Don’t miss the upcoming trading opportunities in this currency pair.
What are your thoughts on EURNZD ? are you bullish or bearish?
EURNZD LongDay chart shows a left shoulder-head-bottom pattern, and it has broken through the neckline.
In the 4H chart, price has broken upward and is now retracing to the previous high.
...
The target price is set at a 1:1 ratio.
EURNZD: Short Trading Opportunity
EURNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURNZD
Entry - 1.8061
Sl - 1.8146
Tp - 1.7910
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Long On EURNZDGoing Long on EURNZD early in the week. The pair looks set to continue higher and put further gains on the table.
Entry: 1.8062
Targets: 1.8244 & 1.8426
Stops: 1.7875
Risk to Reward is 1:2
#EURNZD #Tradesetup #Long
RR=1.5 sell ideabearish shark pattern + RSI divergence + bearish ABCD pattern : expecting the price to correct in order to retest 1.8 level
PS : never risk more than 2% of your capital per trade
EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.801 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/NZD pair.
✅LIKE AND COMMENT MY IDEAS✅
EURNZD is currentlty trying to enter in bulish phasecurrently facing resistance but the william alligator indicator suggests it upwards moreover it is likely possible that it will break the marked rectangle resistance and when that happens, a long position has been drawn on the chart and also been advised when to take trade
EURNZDWe looking for selling opportunities as long we under the ceiling zone resulting in selling opportunities to the downside| 1H TIMEFRAME
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 Set To Fall! SELL!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.8055 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.7932
Recommended Stop Loss - 1.8125
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURNZD bearish temporary to start big bullishIn general the price in uptrend, in short time it will correction to 1.7932 which is OB then retracement because it rebound two times from current resistance and didn't brook previous high.
Yo can sell from current price and stop loss 1.80879
Keep on mind if hit stop loss and then return and close under resistance sell it again with same stop loss.
EURNZD SELL 4HAfter a bearish candle within the specified range, we enter a sell transaction.
Close a percentage of the transaction at the specified targets.
be profitable
tp1 : 50%
tp2 : 25%
tp3 : 25%
EURNZD - Bearish trendPrice has failed to break above previous higher high showing sign of weakness in the bullish trend. Bearish momentum will be strong if price breaks below 1.80100, Wait for the confirmation for high probability setup.
