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Eurnzdbullish

Long Setup on EURNZDHi guys, on EURNZD we're testing a key daily structure area (yellow box-black line) that also coincides with a psychological number (1,54). This is important for me because it tells me we could see a reversal down on a lower timeframe such as the 4H (the chart that you see): in this case, if you zoom in you can see why am i interested in this. There's a long pin that signifies buying pressure along with a current engulfing candle that shows some buying power right at the D point of an AB=CD pattern (with RSI divergence). All these clues together (if confirmed) give me the confidence to take this long, with stop below the lows and targets with structure. I believe on the daily chart the overall trend is upward, so it could bring us some nice profits. Let's see. If you have questions or ideas to share, feel free to comment below. Otherwise, see you in the next chart!
Long
by Roker1
EURNZD Showing A 550 Pip MoveEURNZD has been in a downward channel for a while now. Currently its very close to either reverse in a nice wave back up or a smaller correction wave up. Both scenarios can make nice pips and in the best case of a reversal we can see a possible 550 pips. Also the price is touching a nice support zone right now. Please Note however that due to the huge swings in eurnzd this is a high risk trade. Entry: CMP Take Profit: 1.5730 > 1.5980 Stop: 1.5350
Long
by JoshFX1
My 1st Trade Idea: Buy EURNZD Based on 4H + 1D ChartsNote: 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 bullish 4H candle). The 1H chart also shows a bullish hammer is completed. Please do your own analysis, this is just my opinion of a possible trade entry I am considering. 1.57690 is a major support=resistance which is the exact position price was rejected and formed hammer pattern in 1H chart. However, we are still below 1.5800 which is also another major support=resistance - one could say, this is a support/resistance channel which we must break above to confirm continuation of bullish movement. Please share your views and opinions below :)
Long
by AEFX786
EURNZD (Daily)EURNZD Daily chart price is reaching at an area where retracement might occur! after a retracement there is a possibility of consolidation before entering a long opportunity all the way to the key level of 1.61450 PS: This is not a trading signal just a market idea, please use a valid strategy to enter this trade, if you are not educated enough in the forex market do not trade it! wait for clarity and correct signs before entering the trade! there is no 100% guarantee in trades! know how to risk manage your trades! AceTeam FX #Forex #forextrader #forextraders #forexmarket
Long
by AceTeamFx
Double Bottom with divergence at daily supportHi traders, this morning i've spotted a chance to get involved with a eurnzd opportunity. As you can see price has been falling all over yesterday, and today we found a daily structure level that seems to hold. Actually price has formed a nice looking double bottom with rsi divergence and we also put an engulfing candle at the end of it. This is enough for me to enter the market long, with the first position at 1:1 and the second along with structure analysis. Hope you enjoy! Don't hesitate to ask if you need
Long
by Roker1
EURNZD High Probablity Buy Set up with Good Risk Reward Lots of good things happening here. Price is at a key support level that has been confirmed previously by two Bullish Engulfing, and has confluence wit S1 pivot support. Two Bullish Engulfings have recently formed. RSI 2 indicates oversold, There was a close below the lower Bollinger Band. Stochastic has moved upend we have a break of resistance of an ascending triangle pattern. No Major resistance levels until R1. Risk is 1 to 1.8 Look at highlighted yellow square for a similar set -up
Long
by AuthenticTrader
EURNZD: nice longHi everyone! This week we start with EURNZD. It shows us good tech signals about possible long movement. So we think about buy a little part and be ready to increase the position. Anyway, we have two plans about EURNZD: Plan A : today during trades we're going to open a long position: Stop-Loss: 1.54711 Take-Profit: 1.59540 Profit ratio: 2,07 Plan B : in the case we see weakness of EUR we should be ready to sell after 1-2 days of down trades. For more ideas visit: mercuriusam.wordpress.com
Long
by EmilShakaryan
(EURNZD) Daily - Speculation and AnalysisWe have a bullish Flag in daily time frame, buying after a break out. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - Improve you trade accuracy using Mongers Kit Mongers Kit is complete traders toolbox, with all the data and news you need to have successful trades. Mongers Kit is packed with features such as : 1) order flows in real time. 2) current open positions from 4 different brokers. 3) real time news update. 4) T.V and Radio to your favourite channels (Blomberg, CNN, ABC, etc). 5) Dynamic sessions - see all the rises and falls in each session. and much more, get your kit now at www.mongerskit.com If your my follower, you get 20% discount on your purchase of Mongers Kit. Contact me for more details.
Long
by OG-Tellz
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