EURNZD - Watching Lower Timeframe For Bulls!We were anticipating a bullish run for EURNZD but the NZD news event caused EURNZD to come down and almost retest the major ascending trendline. There was a bear flag just before structure was broken, which can be seen on the lower timeframe (See chart update below)
Will be waiting for buying pressure to confirm that EURNZD is still in a bull run and then find safe entry reasons such as bull flags and/or break retests.
EUR-NZD
EUR/NZD Analysis It Will Head UpwardWelcome back! Please support this idea with a LIKE if you find it useful.
*** EUR/NZD - It will head upward from support. Follow the rules of your own strategy.
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EURNZD wait for the bounce and then up !My Marketmiracle advisor generated a LONG input signal for the EURNZD cross with an input price of 1,6970 and a target of 1,7064.
Checking on the graph the signal is compatible with the situation, I would then wait for the bounce on the support and then take positions LONG in the direction of the target indicated by the advisor
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
EURNZD - Watching For Breakout!EURNZD has been incredibly messy recently with the correction being very difficult to understand. The best way to trade a correction is to not trade it at all. Instead, we should try and understand the correction and anticipate the impulse phase where we can gain the most pips in the shortest period of time.
We're anticipating NZD weakness across the board which make this a really good trade. Goodluck and trade safe!
EURNZD - Watching For Breakout!EURNZD has been incredibly messy recently with the correction being very difficult to understand. The best way to trade a correction is to not trade it at all. Instead, we should try and understand the correction and anticipate the impulse phase where we can gain the most pips in the shortest period of time.
We're anticipating NZD weakness across the board which make this a really good trade. Goodluck and trade safe!
EURNZD a short opportunity 🦐EURNZD has tested a few times the support level at 1.66750.
According to Plancton's strategy if the price will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURNZD a short outlook? 🦐URNZD has tested a few times the support level at 1.66750.
According to Plancton's strategy if the price will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EUR/NZD: Don't miss this opportunity ! (100-pip trade) Hey guys,
Currently analyzing EUR/NZD which is in a bearish sequence.
If you check what is going on with cumulative delta volume (CDV), you will notice that it broke exactly at the same levels where price dropped (around 1.67230), thus creating a kind of Megaphone pattern.
The idea is to wait for a pullback in this area of previous support and short the pair.
I will be targeting the previous Point of Control (POC) which should act as a magnet on price.
As always, if price doesn't pullback, I don't take the trade
If you do like my ideas, please show some 💗.
Jesse
EUR/NZD About to Break the Range - How to trade it?Good Morning traders! Today we will show you our vision in EUR / NZD, since we consider that in the short term it will present a good trading opportunity.
Now we are going to explain why we say this:
🔸First of all, if we focus on the long-term chart (Daily), we see that the price bounced off a support zone and broke the Descending Trendline. Since then there was no clear direction and the price kept consolidating in a range.
In these situations, is when patience comes into play. It happens that when there is no clear scenario to trade, we tend to look for or create risky situations that in the long term do not bring us benefits, just because we feel that we need to execute a trade. Instead of doing that, we must wait for the right situation, and now it is about to happen.
🔸What we propose is that given the scenario that we explained previously, this pair has bullish power in case there is a breakout of the current pattern.
🔸The next target is in the Resistance zone.
If we analyze where we would place the entry, stop loss, and take profit, we realize that we have a negative risk-benefit ratio, since the income is above the current structure, the target is resistance, and the stop loss is below of the structure.
🔸What we do to prevent that from happening is to decrease the timeframe, and look for an opportunity there. Let's go to 4H:
🔸Basically, what we expect here is a breakout of the range but we will NOT take a trade there. We are going to wait for a corrective movement (in this case we illustrate it with a flag pattern), and we will operate that pattern, which does give us a good risk-benefit ratio.
Obviously, not everything is perfect when setting this scenario. There is a possibility that the breakout is very strong and there is no type of correction, which would leave us out of the game. But it is a risk that we assume in order to put the probabilities in our favor.
EUR NZD Long Trade PlanEUR NZD has broken 4 hour trendline.
Right now we see we broke once again on the 4 hour 17 ema as a support.
The hourly has the support of the 55, 99 and ichimoku cloud as well as the 17 ema support.
The 4 hour also has the 55, 99 and 17 ema support.
Going to use the uptrend hourly and stop below the hourly support to long and manage risk on the way up potential high.
The weekly has 2 hammer candlesticks so the price can rise very bullish!
EURNZD on a bearish move 🦐EURNZD has tested a few times the support level at 1.66750.
According to Plancton's strategy if the price will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURNZD Buy the dip.EURNZD - Intraday - We look to Buy at 1.6676 (stop at 1.6651)
We look to buy dips.
Pivot support is at 1.6670.
The previous swing low is located at 1.6668.
Preferred trade is to buy on dips.
We look for a temporary move lower.
Our profit targets will be 1.6749 and 1.6779
Resistance: 1.6720 / 1.6750 / 1.6770
Support: 1.6700 / 1.6670 / 1.6650
EURNZD - Double Bottom - Bulls Are Still In This!Our last EURNZD topped off at the previous top. It went back to the bottom again to create a flat ABC correction. Watch for bull flags on the smaller timeframe and enter accordingly - entry on break of flag with stops below flag.
Goodluck and trade safe!