EURNZD GOING LONG 400PIPS TARGETas we have seen on the chart EURNZD has meet strong resistance at 1.76000 we expect it rising following the channel toward the major downward trend line, then contunue falling
Eurnzdforecast
EurNzd outlookEurNzd found a strong base at 1.72 and now is trading in a range.
A new rise to the top of the range could happen soon so buy dips could be a good strategy.
Also a buy position close to support has a great risk: reward ratio.
#EURNZD Both Possibilities BUY & SELL Here in EURNZD we have both the buy & sell Moves once it break these levels, as well, if it break the trend from up then BUY SIGNAL will be there & what if it go on falling still, remains in its trend then no matter it will hit its resistance then after that we have some scalping trade.
Hope the best & keep patience, sucessful trade will be there.
This would hopefully gave you a certain point where to enter for the hope of profit.
EURNZD POSSIBLE SCENARIOHi Traders, here are the possible scenario on EURNZD. We'll wait for price action to determine what to do next.
EURNZD Potential Rejection Giving Us BULLISH Opportunity!!! As we can see price level for EURNZD now is currently at a double support level :trend support level and support level @1.7412. This gives us a bullish potential which I believe we will see a rejection off this level. Looking at bollinger band, I can see it potentially breaking the middle band heading for the upper band where we a double resistance is at (trend resistance and resistance level @1.7785. As of now, I will be looking at a bullish opportunity taking into consideration a strong resistance level at around 1.7785 price level.
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EURNZD SHORTReversal at the downward trendline on the 4H and the pair has formed a symmetrical triangle.
I expect the price to trade within this triangle and then hitting the first take profit before proceeding to take profit two to potentially form a double bottom.
Risk-Reward Ratio: 1:4.52
SL: 1.75785 ( -69.4 pip risk)
TP1: 1.73662
TP2: 1.71955
BREAKING: #EURNZD to challenge 11 year highsThe multi-year accumulation above the long term bullish reversal patters is showing signs of a potential 35% rally to challenge 11 year old highs.
EURNZD has seemingly displayed the characteristics of a sleeping giant for approximately 3 years.
This is a market definitely to look forward to witnessing it's unfolding.
Even sleeping dogs can only lie so long.
EUR/NZD going lowerHey followers,
I will really apricate any likes and follows, that would help growing this channel.
EUR/NZD moving lower as price has been rejected from descending channel's resistance line.
Let us know what you think about this idea.
Trade safe !
EURNZD (LONG)Here we can see after an impulse move up now at correction we can enter for atleast one more push up again back to the 4hr channel
EURNZD H4 LONG PRICE ACTION FORECAST Price action trading with a downtrend channel, current bearishness supported by diminished MACD.
However, in the real of D1 price, although trading downward in a more prominent channel, it has just tested the support line from the channel heading towards the resistance line. It is allowing capturing that upward momentum.
As price is expected to reach close to the Fib level 61.8, a long entry is placed a few pips above the level.
The order:
Type: buy-limit
S/L: 63 pips - R:R | 1:4 -
T/P: aiming at the previous high from the channel.
EUR/NZD, simple short trade after BreakoutEuro starts to get weaker after a strong bull run. If we saw a clear breakout of structure, we would be going in for a beautiful sell trade.
EURO /NEW ZEALAND DOLLAR (EURNZD) SHORTPrice recently Broke a key weekly level down and its currently retesting that level to move downward.Wait for 30 mins Structure to break to the downside,wait for a retest and enter a short trade. FX:EURNZD
EUR/NZD SHORTClear down trend bounced of support to come back for a retest before going back down wait for some confirmation candles in lower time frame.
EUR/NZD, Sell only after clear bearish BreakoutEUR/NZD is approaching an important support area for the third time. There is a very good chance, that this time we are going to see a breakout of this key level. This breakout would offer accurate shorting opportunity.
EURNZD: Range Opportunity Pending Long Bias at Test of Buy-Zone
Current Overview:
Monthly: Sell
Weekly: Sell
Daily: Buy
4Hr: Sell
60Min: Sell
Additional uncharted upside target: 1.8416
Note: Idea is to complement your research.
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EURNZD multiframe analysis. Shark pattern found on 1hr chart.It looks like there will be a down move in EURNZD if it touches the resistance. On 1 hr chart it formed shark pattern.
EUR/NZD bounced of the key support lineLet's take a look at EUR/NZD price at 4H chart.
Price has bounced of the support line and now is heading toward resistance line.
EUR/NZD was our last week biggest winner. With one trade we gained +300 pips, you can check that idea in link below.
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EURNZD Ending the Month With a Bullish MoveProjection for $EURNZD next week..
Why Bullish?
- Consolidated at 4H
- Small Green and Red Candles
Gathering strength and orders, we just need a big RED Candle from BELOW.
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