EUR-NZD
EURNZD #Forex #ForexTrader #ForexTrading #ForexChartWas really hoping to take this pair long above the 1.76
But we never got a daily close above it. Now it looks like it could be putting in a potential H&S pattern to go short
But with all the brexit news i dont even think i will be taking the trade.
happy trading people
EUR/NZD - Possible Target In Case Of A Bullish Breakout*** DISCLAIMER ***
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The trend on the daily chart still seems bullish, so the next target for the price could be the resistance drawn on the monthly chart.
Obviously I won't take this trade blindly, but I will wait for the retracement of the bullish breakout, the optimal confirmation for me would be an engulfing pattern on the 4H TF.
EURNZD Triangle Breakout EURNZD Running in symmetrical Triangle past 20 days
Confirmed BULLISH breakout happened
Price breakout Resistance @ 1.7495 as a confirmation for new bullish wave
Volume profile show that triangle was really congestion area , once breakout occurred , will notice bullish explosion
EURNZD week analysis [120pips]Weekly sentiment changed, i expect continuation of higher bearish market in next period
ENTRY: 1.74200+-
TP1: 1.73900
TP2: 1.73600
TP3: 1.73300
TP4: 1.73000
SL: 175.100
Chart time frame - WEEK
Time for reaching TP - 1 - 5 weeks
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All best!
EURNZD 7/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN SIGN - MONEY POCKET - LIQIUDITY
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS - LIQIUDITY MARKUPS
BLUE LINES - ENTRIES WITH SMARTMONEY
MARKED LINES - PREVIOUS ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
"EURNZD: down move coming" by ThinkingAntsOk4H Chart Explanation:
- Price is against an important Resistance Zone (was tested 4 times before).
- It is on an Ascending Trendline.
- If price bounces on the Resistance and starts its down move from there, our first target is the confluence of the Ascending Trendline + Middle Support Zone. Our second target is the Support Zone.
Weekly Vision:
Daily Vision:
We are looking for sell setups on lower timeframes. Updates coming soon!
EURNZD -Possible Reversal???EURNZD - We've seen three attempts by bulls to break through resistance. Another attempt by bulls? Watching for signs of a reversal. EURNZD is up 1200 pips YTD, 900 pips since July. Bulls need to muster a convincing break above resistance or seller's are likely to step in. Watching for any signs of life in NZD index... EUR is starting to show possible signs of weakness in other pairs. See EURCAD channel breakdown related idea.
Placing sell limit at resistance, with stop above the highs... Three rejections tells me fourth attempt likely to be rejected as well...
Will update the idea as it progresses.