Eurnzdforecast
EURNZD Bearish Channel 4HThe pair is in a well identified downtrend. Chances are high that it will return to the bottom of the bearish channel, where it would be an excellent opportunity to take profit and close bearish positions for this time frame.
Remember to be prudent in your strategies correctly placing the stop loss to protect bigger losses.
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SmartSoftwareTechnologies.com
EURNZD H4 LONG PRICE ACTION FORECAST With the EUR bullish across the board, the EURNZD pair allows the setup of a long entry after finding rejection from a strong support level and forming a double bottom. Price action is heading towards the resistance line for the descending channel where it has been trading.
The order:
Type: buy-stop
S/L: 120 pips - R:R | 1:2 -
T/P: resistance level
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#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.