EUR/NZD Bullish View Active🔸 4H CHART EXPLANATION:
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🔸Price made a double bottom pattern and started an upside move.
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🔸It has broken the Descending Trendline.
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🔸Now, it has broken the Resistance Zone, so, we consider that this pair has bullish potential towards the next Resistance at 1.8200.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
EURNZD-LONG
EUR/NZD at the Confluence Zone🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Confluence Zone between the Ascending Trendline and the Support Zone.
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🔸Bullish View: in case price starts an upside move, the first target is the Resistance Zone at 1.79500.
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🔸Bearish View: in case price breaks the zone to the downside, the bearish target is the Support Zone at 1.72000.
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🔸 Will look for a lower timeframe setup.
EUR/NZD Short Term Analysis🔸 4H CHART EXPLANATION:
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🔸Price is on an uptrend.
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🔸Now, it is making a corrective move towards the Support Zone at 1.79700.
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🔸 We are waiting for a definition here. If it bounces, then it has potential to reach the Resistance Zone at 1.82500, but, if the zone is broken to the downside, then we could see a bearish move towards the Support Zone at 1.76500.
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🔸 Will look for a lower timeframe setup.
🔸 DAILY CHART ANALYSIS:
EUR/NZD. Expecting to move UP to resistance before moving downYo traders,
EN looks bullish at the moment after forming a double bottom and presently in good upmove. Expecting to move slightly more till resistance and if the resistance holds will look for corrective down wave. Lets wait and watch how this turns out.
Please like and support and comment and share your ideas.
Thanks
Madtradex
EURNZD double bottom 🦐EURNZD creates a double bottom and now the price attempts to break a daily structure.
IF price creates a impulse and retest the recent support
According to Plancton's strategy, we can set a nice order
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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.
EUR/NZD Bullish View by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸Pricebounced at the Daily Support Zone.
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🔸It has broken the Descending Trendline.
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🔸It has broken the Resistance Zone, so, we are waiting for a corrective move to consider long positions here.
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🔸 Will look for a lower timeframe bullish setup.
EUR/NZD Mid-Term Analysis by ThinkingAntsOk🔸 DAILY CHART EXPLANATION:
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🔸Price is moving on an Ascending Channel.
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🔸It has broken the Descending Trendline.
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🔸Right now it is facing the Resistance Zone. If it is broken to the upside, then the bullish scenario will be active.
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🔸 Will look for a lower timeframe bullish setup.
🔸 4H CHART ANALYSIS:
BREAKING: #EURNZD to challenge 11 year highsThe multi-year accumulation above the long term bullish reversal patters is showing signs of a potential 35% rally to challenge 11 year old highs.
EURNZD has seemingly displayed the characteristics of a sleeping giant for approximately 3 years.
This is a market definitely to look forward to witnessing it's unfolding.
Even sleeping dogs can only lie so long.
long eur/nzddear traders this pair had a huge bearish move to the lower side of falling channel then it made big rejection for falling more with big green candles, also it has broken small falling channel and retested it for now it is consolidating and it will go up to touch upper side of big falling channel around 1.77500.