EURNZD NZD Bearish Reversal at Resistance Zone ๐จ
๐ Chart Analysis:
1. ๐ Trend Overview:
The NZD pair has been in a strong uptrend, pushing price action into a major resistance zone around 1.96206.
This area previously acted as support, creating a support-turned-resistance (flip) structure ๐.
2. ๐ฅ Key Resistance Zone:
Marked by the red box at the top, the price is struggling to break above the 1.96206 level.
A red downward arrow ๐ป indicates potential rejection from this resistance, signaling sellers may dominate.
3. ๐ Historical Bounce Zones:
Multiple orange circles highlight previous support levels that played a role in price reversal.
These zones validate the strength of the horizontal level being tested now.
4. ๐ Bearish Setup:
After hitting the resistance, a potential drop is mapped with a long downward black arrow.
The price is expected to target the grey demand zone near 1.90274, labeled as TARGET ๐ฏ and OK โ .
5. ๐ผ Bullish Attempt:
A green upward arrow indicates a recent bounce from a minor support zone.
However, this could be a lower high formation before a significant drop, especially if price fails to break above resistance.
6. ๐ Technical Tools:
Diagonal trendlines and horizontal support/resistance zones have been used to project breakout targets and price zones of interest.
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๐ Conclusion: Unless a clean breakout above 1.96206 occurs with strong volume, the chart suggests a high probability of bearish reversal. A short position toward the 1.90274 target zone may offer favorable risk-reward. ๐งญ
This ain't your usual trading tip โ itโs a Thief Trading Masterstroke ๐ฏ. We're gearing up for a high-stakes heist on the EUR/NZD forex market. Time to crack open the Kiwi vault and rob those bullish bandits blind! ๐ผ๐ฃ
๐ง Strategic Mindset: ๐ We're targeting the oversold consolidation zone. Bullish traders think theyโre safe? Think again. This area is a trap โ the perfect bait for our bearish ambush. Expect trend reversal vibes, layered with juicy liquidity grabs.
๐ต๏ธโโ๏ธ Entry Plan: ๐ฏ Sell Entry: The vault is wide open! Swipe the Bearish loot at any price - the heist is on!. ๐ฃ Setup: Sell Limit Orders at nearest swing highs (15m or 30m timeframe) Use DCA / Layering Method for multiple entries (scalp or swing tactics) ๐ Set your Alert ๐จ โ no breakout, no entry. Patience pays.
๐ Stop Loss Strategy (SL): No premature moves! Donโt place that SL till we get the confirmed break. ๐ฅ SL Recommendation: Just above 1.95400 (4H candle wick swing high) Adjust based on lot size and number of layers ๐ Remember, the marketโs a jungle โ stay sharp or get sliced.
๐ฏ Take Profit (TP): ๐ต Target Zone: 1.92500 (But hey, escape early if the vault starts shaking. Protect your gains like a pro.)
EURNZD ๐กThe Robbery Plan (Thief Entry Setup): ๐ข Entry Point: "The vault is wide open โ time to extract the bullish loot!" โ๏ธ Entry can be taken at market price, but the smarter thieves use a layered Buy Limit strategy at pullback zones (near swing lows/highs on the 15-30 min TF) to snipe the best entries with reduced exposure.
๐ Scaling in = DCA-style Thief Method: split entries for efficiency, just like robbing in waves.
๐ป Stop Loss Plan (Escape Route): ๐ Place SL below the recent swing low using 3H timeframe (1.94000 for scalpers/day traders). ๐ก๏ธ Adjust based on risk appetite, lot size, and number of entries in play.
๐ฏ Take Profit Target: ๐ Exit the heist near 1.97700, where strong resistance awaits. Thatโs the Danger Zone โ the edge of our mission.
EURNZD after the Todays meeting on Scotland of US AND EU, If there is not gonna be a deal, we will sell and our R.R. is 1/5 , if there is a deal made we gonna look again. Stay safe
This ain't your usual trading tip โ itโs a Thief Trading Masterstroke ๐ฏ. We're gearing up for a high-stakes heist on the EUR/NZD forex market. Time to crack open the Kiwi vault and rob those bullish bandits blind! ๐ผ๐ฃ
๐ง Strategic Mindset: ๐ We're targeting the oversold consolidation zone. Bullish traders think theyโre safe? Think again. This area is a trap โ the perfect bait for our bearish ambush. Expect trend reversal vibes, layered with juicy liquidity grabs.
๐ต๏ธโโ๏ธ Entry Plan: ๐ฏ Sell Entry Trigger: Wait for a clean break below 1.94500. ๐ฃ Setup: Place Sell Stop Orders below the MA Support Breakout Or... go stealth: Sell Limit Orders at nearest swing highs (15m or 30m timeframe) Use DCA / Layering Method for multiple entries (scalp or swing tactics) ๐ Set your Alert ๐จ โ no breakout, no entry. Patience pays.
๐ Stop Loss Strategy (SL): No premature moves! Donโt place that SL till we get the confirmed break. ๐ฅ SL Recommendation: Just above 1.95700 (4H candle wick swing high) Adjust based on lot size and number of layers ๐ Remember, the marketโs a jungle โ stay sharp or get sliced.
๐ฏ Take Profit (TP): ๐ต Target Zone: 1.92500 (But hey, escape early if the vault starts shaking. Protect your gains like a pro.)
EURNZD Hereโs the EUR/NZD (Euro vs Kiwi) blueprint crafted using the signature ๐ฅThief Trading Style๐ฅ โ a blend of bold technicals, insightful fundamentals, and pure tactical precision. Weโre setting our sights on a potential bullish breakout โ targeting the high-security resistance zone where big money hides.
๐กThe Robbery Plan (Thief Entry Setup): ๐ข Entry Point: "The vault is wide open โ time to extract the bullish loot!" โ๏ธ Entry can be taken at market price, but the smarter thieves use a layered Buy Limit strategy at pullback zones (near swing lows/highs on the 15-30 min TF) to snipe the best entries with reduced exposure.
๐ Scaling in = DCA-style Thief Method: split entries for efficiency, just like robbing in waves.
๐ป Stop Loss Plan (Escape Route): ๐ Place SL below the recent swing low using 3H timeframe (1.94500 for scalpers/day traders). ๐ก๏ธ Adjust based on risk appetite, lot size, and number of entries in play.
๐ฏ Take Profit Target: ๐ Exit the heist near 1.98500, where strong resistance awaits. Thatโs the Danger Zone โ the edge of our mission.
EURNZD NZD Bearish Reversal at Resistance Zone ๐จ
