EURNZD long idea from support zone. I will be looking for long positions when price enters this zone because this is a really strong zone on the weekly chart!
The currency pair of EUR/NZD is currently trading in a downtrend. It continuously has been forming lower highs and lower lows.
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 1.755. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for EURNZD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.768. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.762 level soon. P.S The term oversold refers to a...
After the second drop from 1.82, EurNzd started a range trading and consolidation just above 1.75 important support. Yesterday's rise above consolidation's resistance was, in fact, a false break, that came to test the recently broken trend line and, after this test, the pair fell strongly under 1.75. The violence of the drop could indicate that a genuine break...
Dear traders and the Tradingview community. What I have for you is a nice set-up in EUR/NZD which can give us more than 300 Pips worth of profit if this plays out nicely. From the chart, you can see that EUR/NZD is at a demand level. 1.75 remains unbroken, which is a positive sign for the bulls here. As an aggressive trader, I have already bought EUR/NZD@1.75...
This pair looks like it is starting to transition into a longer term downtrend with the formation of lower highs and higher lows on the weekly charts. Last Month we seen a breakdown that was able to take out the October low at 1.75 and moved lower slightly creating the new low this is indicating that more HTF selling is on the cards and is why I will be looking...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURNZD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
My dear followers, This is my opinion on the EURNZD next move: The asset is approaching an important pivot point 1.7610 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 - 1.7548 About Used Indicators: For more efficient signals,...
We have right now a rejection on the daily level I have been watching for a while. I wanted this level to hold for a potential long and here we have what I wanted so I am going to start to look for the good long entry point. I have for now this kind of entry but will see ... have to be flexible to take a big R/R trade (can take 2 stops max on this kind of position...
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse. We're expecting NZD strength so we can assume that NZDCAD has bottomed out. Trade Idea: - Watch for BOS, trendline break or reversal pattern on lower timeframe - invalidation for this bullish scenario is below 0.794 so any entries will require a stop below...
UPDATE CHESS is making falling Wedge and this is ready for breakout. After this Breakout we can see gain upto 65%.
EurNzd Breakout from formation consolidation. i see divergence too.. based on Technical Analysis we can see bullish opportunity.
Support and resistance shows a clear chance of bullish movement coming up for the upcoming week. I will be on the watch out for long positions! What do you think?
#UTKUPDATE UTK is making falling Wedge Pattern and getting ready for a small bullish wave in this move we can see gain upto 80%+✍ Always trade with confidence
#FTTUSDT UPDATE FTT is breaking the main ascending triangle pattern. We can see gain upto 100% here✍ Always trade with confidence
#DOTUSDT UPDATE DOT has breaked the main Falling Wedge and here we can see gain upto 70%+ easily✅💯 Always trade with confidence
The channel is broken and the pullback is also done. Now, if the Orange area is broken, enter to sell. The targets are 1.7176 and then 1.6970. For less risk, wait for "Last Low" to hit and then enter!