EURNZD have rallied quite sharply from past few weeks, i am expecting it to retest the highs around 1.7470 area. Since momentum is still intact with the price action so i would recommend to play long. Have a great weekend!
EUR/NZD testing the downtrend line and seems like the upside is limited and a possible correction is setting up. Short term momentum indicators support the view as well. If it forms a linear compression here, i'd recommend to look for sell setups for a target to 1.7100 or so. Happy Trading.
Hi Traders ! A Clear breakout And a retest to trendline . Amzaing Oppurtunity for short . Lets Ride (For Exact Entriers And Tp Join Our Premium Community . Only 97$ for Life Time)
If you want to trade this setup wait for breakout first.
For those of you who missed the initial entry on the EURNZD 4H chart (after the trend line break), will now have a second chance to enter. We are hovering over a strong flipzone that needs to be broken first with a high momentum bearish candle in order to enter. Do not do mid-candle decisions, wait for a clear break and be patient.
EUR/NZD is currently in a consolidation zone since 1 week and the signs are more favorable for a bullish breakout. This could very well be a bullish continuation pattern. Always make your own analyse before investing as well as money manage properly. Happy trading!
Our current EURNZD short is going perfectly as expected. I would like to close the gap on the current short but there are yet a few major supports to break through and I believe a pull back to a previous major support/resistance will be necessary. Therefore, this opens up the potential to a secondary short trade to take this down further. The 1W chart shows...
Note: My charts are usually very messy, so I've re-done it and removed a lot of unnecessary indicators etc so you get the overall idea. 1D chart shows a nice clean uptrend on the EURNZD consisting of HL and HH, 4H chart confirms the last candle closed on the EMA200 line, which is also the lower channel of the uptrend (conservative entry would be waiting for a...
We continue to look for a spike lower to 1.1.5537 to complete the expanded flat correction in wave ii/ and turning prices higher in wave iii/ to above 1.6237 for a continuation higher to 1.6655. Only a direct break above minor resistance, seen at 1.6006, will indicate that a running flat has been unfolding and wave ii/ completed early. R3: 1.6080 R2: 1.6006 R1:...
EUR/NZD SHORT Sell at 1.52795 TP1: 1.51350 TP2: 1.49031 TP3: 1.45300 SL: 1.55414
the 1.4720 zone looks to be a strong area of support so ill be looking to take a long up to my 200ema(blue). Both MACD and Momentum have been going bullish on 1h and creating higher lows where as market price has been staying low.
Both Momentum and market price are approaching resistance points. The entry point is also set at the 200ema which if broken would make the trade invalid.
WE SEE EURNZD REPEATING THE SAME SCENARIO TWICE AND NOW IS FORMING THE SAME FOR THE THIRD TIME ! BOTH TIME THE RETRACEMENT WENT NOT MORE THAN 0.5! SO AT 1.52800 IF TH PRICE BOUNCE BACK I WILL ENTER A SELL ORDER WITH SHORT TP @ 1.51800 AND LONG TP@1.50200
Afternoon traders, I trust everyone is enjoying their weekend and looking forward to the open.. here we have a great opportunity to get long on this pair in to previous structure with an attractive r:r #roadtomonaco Your comments and likes are always welcomed, thank you. www.tradingsignalreviews.com
We broke the bullish flag, expecting moves to the upside.
In a Triangle, the waves always subdivide into 5 waves: A, B, C, D, & E. Wave A never goes beyond the origin or point X. Structure = 3-3-3-3-3 At least four of the five waves subdivide into a zigzag or a combination of zigzags. Triangles do not have more than one complex subwave (only one Double or Triple). One of the five waves can subdivide into an Impulse In a...