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EUR-NZD

EURNZD: Price Action & Potential Bullish Continuation Very important higher high higher close on daily on EURNZD. after a consolidation within a wide trading range, the price formed a higher low, and then it managed to break through a strong resistance cluster. now the broken resistance area serves as support. I will be looking for a reversal pattern on a lower timeframe to buy the market from it. next goal will be 1.81 (remember that the safest entries are always on lower t.f / be patient and wait for a signal there to get low-risk opportunity)
Long
by VasilyTrader
20
EURNZD 4h analysis 🦐EURNZD on the 4chart retraced back till the 0.618 fib level of the previous bullish leg. Market is currently testing the minor resistance at the top of the minor descending channel or bull flag. If the market will break and close above it we can set a nice long order according to Plancton's strategy for the new impulse. ––––– 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.
Long
by InkyGrip
14
EURNZD Long TradeCaught a nice long trade on EURNZD today. Price returned to an area of the price action (blue rectangle in between support and resistance) at 1.76473. Around this level, we have seen bullish momentum occur and so this is a level to keep an eye on. Once I received confirmation of rejection at this level (Close bullish 4H candlesticks) I entered a long trade at 1.7681. As price neared the 200 day EMA I monitored my position closely in case we saw the bullish momentum turn bearish. Often, the price may reach the 20 day EMA and reject.
by francesgurton
EURNZD a short outlook? 🦐EURNZD after hitting the 1.82 area started a retracement move. Price hit the recent lows in the zone of 1.75 and got pushed back up, creating a bear flag over a 4h support. IF the price will manage to break below the structure and consequently break the flag we can set a nice short order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Short
by InkyGrip
8