EUR/NZD ShortLooking to swing EUR/NZD over the next few days, once we see a pullback to 0.6806.
Tight stop loss here to watch how we react to the daily downward trendline.
EUR-NZD
EUR/NZD: Long Term Short Bias 00:37:24 (UTC) Mon Jan 6, 202000:37:24 (UTC)
Mon Jan 6, 2020
Stay tuned
EURNZD what to do Hello!
EURNZD could not break the support line and began to grow.
I predict that the price will reach the resistance line at 1.68 and after a small pullback will continue to rise to the resistance level of 1.698
Buy from the support line.
Sell in the short term from the level of 1.68.
Sell in the medium term from the level of 1.698
EUR/NZD still has downside potential by ThinkingAntsOkDAILY CHART EXPLANATION:
Price is on a downside trend since October. Now, it has broken the Ascending Trendline, and that means that now has more downside potential. We are looking for a corrective moement in a lower timeframe to take a short trade.
WEEKLY CHART:
EURNZD SELL SETUPEURNZD broke major uptrendline on daily frame
Price is below Moving average 100
Price retested twice the key level at 1.70 and failed to break it
MACD shows sell signal
We expect that bearsih wave will extend until level 1.65
EURNZD LONG IDEAWould like to see a Double Bottom form before entering Long, Double Bottoms are a great sign of reversals especially at a major level of support (Channel Support)
EURNZD BUYING THIS 1H TIMEFRAME CHANNEL! possible 100pips ??Check this out! nice formation going on here, so lets try this channel right now! 15pips Stoploss? i can risk that !
what you think?? I would love to hear your opinion about this pair!
EURNZD buy signal op [50pips]
ENTRY: 1.69450+-
TP: 1.69750
TP2: 1.70000
SL: 1.68950
Chart time frame - 1D
Time for reaching TP - 1-3D
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Thanks on supporting!
All best!
EURNZD News TRade Set-up + 61 PIp PotentialNZD strengthened after RBNZ Gov. Orr’s press conference and this pair has now gone into a consolidation between 1.6932 (High) and 1.6890 (Low).
Entry = 1.6931
Stop = 1.6951
Risk = 20 pips
Profit target = 1.6870
Reward = 61 Pips
RRR = 3.-1
Once this trade is up + 20 pips, move your stop to breakeven and let it run.
I would appreciate if you leave a comment or like as a thank you
Allen
Seems a possible trade, I like the setupThe chart show it all. If any question feel free to comment.
EURNZD on downtrend confirmed but reversal imminent? With EURNZD, we have good potential for buys but there seems to be a little backlash if we get into the buy now. Price just broke the key area of 1.70479 and retested that key area on the hourly timeframe. Though looking at the bigger picture, I slapped on a Fibonacci and a strong key area box and we have price reversing towards the high at the 50% fib. This is a good indication of the buy continuation yet the closest key area is already retested.
What we'll do is put a BUY STOP position so we can wait for the price to break up past the key area and continue up. Good luck
EURNZD BUY STOP
start: 1.70542
stop loss: 1.70137
take profit: 1.71868
Want to keep up to date on trades? Join the group Community on Telegram: t.me
EN: Wkly long setupEN is still in an downtrend which is key to keep in mind, however if this finds support at the green colored "buy-zone" and we can multiple confluences of support on different time frames entering a long trend in accordance with the structure we've watched for a long entry. This setup is going to entire on price action at certain levels.
EURNZD daily view of my long positionNot my best entry of the week but price is now sitting in profit so respect to all the trading gods. For further details on this trade or any help please message me, and happy trading! :)
EURNZD buy signal op [50pips]
ENTRY: 1.71630+-
TP: 1.71950
TP: 1.72100
SL: 1.71330
Chart time frame - 4h
Time for reaching TP - 1-2D
Follow, Like, Share or Comment
Thanks on supporting!
All best!
EURNZD - Head and Shoulders topTrade Idea
A bearish Head and Shoulders has formed.
Negative overnight flows lead to an expectation of a weaker open this morning.
Selling posted in Asia.
We look for a re-test of the downward trending resistance.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.7325, resulting in improved risk/reward.
We look to Sell at 1.7325
Stop: 1.7375
Target 1: 1.7150
Target 2: 1.7100
EURNZD sell idea we can sell after a break out of the trend line on the 1H
1 the price at the 0.61 fibo
2 re test to the resistance
3 breakout to the fast trend line
4 divergence
EURNZD SHORT IDEAPrice action in higher volume measurements is respecting both our Support and Resistance in our Channel, I'd like to see this pair complete its AB=CD Pattern with Price Action showing a clear rejection at the .78% Fibonacci Retracement, calculating final targets would be at the very bottom almost hitting support before price reverses and turns into a bullish market.
