EURNZD repetitive pattern for LONG entryThis EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
NZDEUR trade ideas
EURNZD Falls from 1.8500 to 1.8300: Watch for Further DeclineEURNZD has been dropping since it reached 1.8500 and is currently trading around 1.8300. This strong downward movement has brought the price closer to our expected target at 1.8235. With the price now hovering near 1.8300, the market shows continued bearish pressure, and it’s likely to continue its move lower toward the target.
EURNZD Sellers In Panic! BUY!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.8256 pivot level.
Bias - Bullish
My Stop Loss - 1.8217
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8329
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURNZD - Strong Intersection!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURNZD has been in a correction phase trading within the falling red channel and it is currently retesting the lower bound of the bullish channel marked in blue.
Moreover, the green zone is a strong structure and support zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue and red trendlines acting as non-horizontal support.
📚 As per my trading style:
As #EURNZD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/NZD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
EUR/NZD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.835 area.
✅LIKE AND COMMENT MY IDEAS✅
Bearish drop?EUR/NZD has reacted off the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.8357
1st Support: 1.8233
1st Resistance: 1.8439
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EURNZD - Buy Setup at Clear ZoneOANDA:EURNZD is approaching a clear support zone, marked by prior bullish reactions and buyer interest. This zone has consistently reversed bearish trends in the past, making it an interesting area to watch.
If buyers step in and confirm the support with bullish price action, such as long lower wicks or bullish engulfing patterns, I anticipate a move upward toward 1,83500. But if a break below this zone occurs, it could signal increased selling pressure and invalidate the bullish outlook.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
PREPPING FOR LONGS ON EUR/NZDEUR/NZD 1H - Price has shown great signs of strength as it begins to break some of the protected highs from the bearish structure that traded price lower down and into the Demand Zone.
This shows that enough Demand has been introduced to flip the S&D balance. We now want to see price pullback to set that higher low so we can look to take part in this market and capitalise on the new bullish leg.
Once price trades back down and into the more fractal area of Demand this is where we will look to take the market higher, before we do this we must see a fractal break of structure to the upside.
That as we know confirms the end to the fractal correction and the start of the next impulsive wave. I have set my alerts and will wait now for price to pullback before I get involved in the market!
EURNZD - Bullish Wyckoff Accumulation in Line with Major TrendEURNZD - Bullish Wyckoff Accumulation in Line with Major Trend
Overview:
EURNZD has been in a significant bullish trend. However, since January 2nd, the pair entered a consolidation phase, forming a Wyckoff Spring on February 10th. This confirmed a floor, completing a Wyckoff accumulation schematic on the Daily Chart.
Current Price Action:
The pair is currently trading at the lower limit of the Wyckoff accumulation range.
Any bullish setups from this level align with the major uptrend, making them high-probability buy opportunities.
Trade Setup:
Entry: Look for bullish confirmation (price action signals, volume spike, or breakout) at the lower limit of accumulation.
Target 1: 1.8375
Target 2: 1.8475
Stop Loss: Below the spring low to minimize risk.
Sentiment Analysis:
Retail trader sentiment shows that 77% of traders are short, while only 23% are long.
This supports the contrarian view that retail traders tend to be on the wrong side of the market, further reinforcing the bullish bias.
Conclusion:
With a confirmed Wyckoff accumulation, price trading at a strong support level, and retail sentiment skewed heavily to the short side, EURNZD presents a strong buy opportunity targeting 1.8375 and 1.8475.
EURNZD Bullish Flag Pattern: Awaiting Breakout Toward 1.8700EURNZD is currently trading at 1.8330, with a target price of 1.8700, suggesting an anticipated upward movement of 300+ pips. This pattern indicates that the pair is forming a bullish flag, a continuation pattern that often signals a breakout to the upside after a consolidation phase. In this scenario, traders are looking for a breakout above the flag's upper trendline, which would potentially push the price toward the 1.8700 target.
From a technical perspective, the bullish flag pattern is formed when the price consolidates after a strong uptrend. The consolidation phase represents a period of indecision in the market, but once the price breaks above the flag's resistance level, it typically resumes its upward momentum. In this case, the breakout would likely bring the pair closer to the 1.8700 level, where strong resistance could be expected.
On the fundamental side, the euro has been supported by the European Central Bank's monetary policy, which continues to focus on economic stability, while the New Zealand dollar faces pressure from softer commodity prices, particularly dairy exports. Additionally, global risk sentiment, such as inflation data or geopolitical events, could further influence the direction of EURNZD.
In summary, if EURNZD breaks above the resistance of the bullish flag, it could provide a strong buying opportunity toward the 1.8700 target. Keep an eye on the global economic landscape, particularly developments in Europe and New Zealand, to validate this bullish move.
EURNZD: Key Resistance at 1.8430 and Rejection from HighsAs of February 14, 2025, the EURNZD pair is once again testing the key resistance zone around 1.8430 after showing a clear rejection in previous sessions. The price has reacted from the support zone at 1.8235, which continues to act as a strong defense level for buyers. However, the strong rejection from the weekly resistance area suggests a possible new phase of weakness.
Technical analysis indicates interaction with key moving averages, with the price rebounding from the mid-term moving average but struggling to break through the upper liquidity zone. If the market stays below 1.8435, it could trigger a decline towards 1.8235, and if broken, a further extension towards 1.8100. Conversely, a decisive close above 1.8435 could open the way for a breakout attempt towards 1.8500. The macroeconomic context remains a key factor to monitor, with the strength of the euro and the Reserve Bank of New Zealand’s policy likely to influence the future direction of the pair.
THOUGHTS ON EUR/NZDEUR/NZD 15M - As you can see price is trading down and into a FVG I have marked out, this is after we have seen price trade down and into a higher timeframe Demand Zone.
We are also seeing price accumulate from this higher timeframe Demand Zone. In order for me to look to buy into this market now I want to see rejection to the upside, giving us the confluence to buy.
This as we know would help confirm the turn around in price as we should start to see higher highs and higher lows forming, this would be our newest protected low within this new bullish structure.
For those who want to be pre-emptive you could look to place a long now, just be aware that doing that holds more risk as we are yet to have confirmation of a new trend to the upside, this will come from the BOS to the upside that we would want to see on the 15M.
EUR-NZD Swing Long! Buy!
Hello,Traders!
EUR-NZD made a strong
Pullback from the supply
Area around 1.8500 and
Is going down but the pair
Will soon hit a wide horizontal
Support area around 1.8230
From where a local bullish
Rebound is to be expected
Buy!
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