EURNZD-LONG
eurnzd buy on long run - Need reviews (newbie)I see a trend line moving upwards with a testing, all looks that is going up.
My first analysis using support, resistance line and trend area, quit using indicators and moving to understand and improve my price action style, I would appreciate a help out of what im doing wrong or if im going in the right way!
ps: im complementing my analysis with the ema 20, 50 and 100.
Thank you guys and good trades!! :D
EURNZD 3 December 2020 - 4Hours TimeframeHello traders, here is the full analysis for this pair...
EMA crossover indicates a change in momentum and trends... my EMAs 20 and 50 crossed ... I think the price going to touch my 200 EMA and before that, we have the opportunity to buy…
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All information can be found on the chart
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DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
EURNZD will grow from strong supportAt the end of 2019, the price came to the support line of 1. 665 and after that it rapidly rose to retrace to the annual high of 1.992 - this was the spring of 2020.
From that moment on, the price began to fall.
During the fall, it was able to break through several zones and resistance lines.
However, now the price has come back to the support line. Has not touched it yet but is close.
This is a strong line of support for 2018.
The price tried to break it, but all breakouts turned out to be false.
Each touch of the line by the price unfolded it and provided a resource for growth.
I expect that the price will first complete the fall and come to the support line around 1.689.
And then it will grow from it to the zone. resistance.
The target is 1.717.
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EURNZD Long TradeThere is not enough Build-up for a Breakout Here, Seem very likely to be a fakeout. I suggest a buy here and wait for the Market to show us its Course, each Green line in that chart is a TP where i will close Partials of my trade. Please Let me know What You Think.
EURNZDBought around this area for a continuation of the descending channel. Made profits from shorting during the week and now turning short term bullish as buy order should get filled around here. Smaller risk used on this as i have ‘bought aggressively’ at the bottom of the channel rather than after confirmation.
EURNZD📈EURNZD is currently in a strong support zone and on the 1 hour chart you can see it retested against the support line as well making a long wick! There might be possible outcomes of price turning into the opposite direction.
EURNZD GROW in chanelMy last forecast for this pair was on October 6th. Let me remind you that then we analyzed that the price entered a small channel and broke through the support zone and after that growth to the upper border of the channel - the resistance line.
Now we see that the price continued to move in the channel. Also, there is a strong support line near the lower border of the channel, which has existed since 2017. This also speaks in favor of price growth.
Now we see that the price continued to move in a small upward channel. And now I have come to its lower border - the support line. Based on the price readings over the past month, I expect that now the price will bounce off this line and come to the 1.804 resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURNZD is in a growing channalIt is very clear that en is in a up trend , after touching the bottom of the channal, I expect a push and growth from it. Target- price control level
EURNZD : Riding the trendThe price has hit the bottom of the trend line and is most likely to go up again.
I think we might see a wedge get formed in near future (white line).
Good luck and stay safe!
EURNZD SHOWING SIGNS OF NEW BUYING OPPURTINITYLast week I gave an analysis of EURNZD which went exactly as planned. This week I am looking for another entry if we could get another rejection of this trendline/horizontal support, targeting the upper trendline.
EURNZD long or short - Supply DemandHello Traders!
On EURNZD I see two possibilities.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
EUR/NZD Short Term Bullish Analysis🔸 4H CHART EXPLANATION:
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🔸We consider that most of the EUR pairs have a bullish output in the short term.
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🔸In this case, we can observe that price bounced at the Support Zone and broke the Descending Trendline.
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🔸It is consolidating on a corrective structure, and we are waiting for a bullish breakout here.
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🔸 If that happens, then we consider that it has potential to reach the Resistance Zone.
EURNZD in small CHANNELThe price entered a small channel and broke through the support zone. Now I am expecting growth to the upper border of the channel - the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Inverse Head & Shoulders Forming | BUY for 550 PIPSInverse Head & Shoulders Forming. BUY for 550 PIPS. Wait for price to get to 1.75560 then take a BUY
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EURNZD - Let it go a bit lower before buyingEURNZD - Looks like that wave B finished and are now making wave C.
Ideal termination point would be 1.766..
If price stops and starts reversing from that level we should buy in.
EUR/NZD Bullish Scenario / Top-Down Analysis🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It has broken the Descending Trendline.
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🔸We need a breakout of the Resistance Zone to confirm the bullish view. The potential target is the next Resistance level at 1.8200.
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🔸 Will look for a lower timeframe bullish setup.
🔸 DAILY CHART ANALYSIS:
EURNZD OUTLOOK FOR NEXT WEEKStrong horizontal and trendline support at 1.76120. We gotta be patient with this pair, and wait for the price to test the support area, and if it holds and shows signs of bullishness it's a great trade to enter.
If you have any questions, comment below. Will post an update next week.
