NZDEUR trade ideas
Potential bullish rise?EUR/NZD has bounced off the support level which is a pullback support and could rise to our take profit.
Entry: 1.81106
Why we like it:
There is a pullback support level.
Stop loss: 1.80301
Why we like it:
There is a pullback support level.
Take profit: 1.83458
Why we like it:
There is a pullback resistance level which is slightly above the 38.2% Fibonacci retracement.
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EURNZD 15 MIN TF- The 4H TF is bullish.
- Price on the 15 min TF re-aligned with bullish 4H trend.
- Now wait for a retracement/pullback/correction back into the 15 min OB.
- Once price reaches the OB, switch to the 1 min TF and wait for the 1 min TF to re-align with the 15 min bullish trend.
- Then set your buy limit order on the 5 min OB.
- 1ST TP is the 15 min high,
2ND TP is the 4H high.
EUR-NZD Risky Long! Buy!
Hello,Traders!
EUR-NZD went down
Again and will soon hit
A horizontal support
Of 1.8095 from where
We will be expecting a
Local bullish rebound
Buy!
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EURNZD Long Opportunity Overall Trend:
The price is currently in an uptrend, but recent price action shows a significant pullback.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, indicating short-term bearish momentum.
The 200-period SMA (blue line) is below the current price, suggesting a longer-term bullish trend.
Rising Channel:
The price has been moving within a rising channel, but recently broke below the lower trend line, indicating potential further downside.
Recent Pullback:
After reaching a peak near 1.8650, the price has pulled back sharply.
Bullish Bat Breakout: EURNZD Trade IdeaHello traders, I hope you're all doing well. Below is my analysis of the EURNZD pair and a detailed plan on how I intend to capitalize on this trading opportunity.
1. Pattern : Bullish Bat on EURNZD.
2. Completion : The pattern reaches completion at point D, which is approximately at 1.81178 on the chart.
3. PRZ Zone : The potential reversal zone for considering long positions, in anticipation of a bullish reversal, spans about 100 pips, ranging from 1.8185 to 1.80758.
4. Target Levels : Post-reversal, the targeted levels are T1 at 1.83131, T2 at 1.84192, T3 at 1.84952, and the extended target T4 at 1.86495.
5. Entry : I am looking to confirm a breakout above the 1.81849 price region upward, with solid market support for going long before entering the trade.
6. Invalidation : Should there be a break and a close below 1.80758, this would invalidate the pattern and the associated trade idea.
This idea is potentially a 4RR trade idea if it goes as planned.
I will appreciate your thoughts on this idea.
Note: This is not a financial advice.
Cheers and happy trading!
EURNZD - Bullish Reversal or failure of SupportEURNZD is in a Triangular pattern and is testing a support level that was previously accepted with 2 Tweezer Bottom candlesticks.
If this fails, price will likely test the next support level below.
Potential for a longer term long trade if the current support level holds, with a successful retest preceding aggressive buying in the short term.
retesting the resistance and gains weekly selling pressure , We are in selling long term because of weely zone and overbought condition
EURNZD Bearish Reversal OpportunityEURNZD is near a key resistance zone. A potential Bearish reversal may occur if the price action breaks the previous Higher Low.
Bears may eventually face a strong support zone around 1.7482 till 1.7376. If this zone breaks, chances of TP2 will increase.
Trade Plan:
4Hr Time Frame
Entry @ 1.8063
Stop Loss @ 1.8666
TP1 @ 1.746
TP2 @ 1.6857
No. of Trades: 2
Move Stop Loss to Break even if TP1 hits.
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.824.
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EURNZD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for EURNZD below:
The instrument tests an important psychological level 1.8503
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.8346
Recommended Stop Loss - 1.8623
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURNZD Still flying Bias Bullish
Fundamental
NZD is very weak. EUR reduce interest rate but not weakening as fast.
Price Action
Price retrace back into Daily SR level and formed a falling wedge pattern. Price break through the Daily & H1 SR and falling wedge pattern with a close. Price is bullish again with the higher tf bias.
Confluence
Daily & H1 SR level broke through upwards. Falling wedge also broken. Entry level and all 3 confluence point
Setup
Long entry at confluence H1 SR level.
SL 2x ATR(20)
TP next Daily SR level R:R 1:5.5
eurnzd seel signal. Don't forget about stop-loss.
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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 At Historical Res , Best Time To Sell Now & Get 300 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
