EURNZD LONG PRICE ACTION FORECAST The price action has formed a bullish flag pattern for upward momentum. The long entry could be taken after the pattern and pullback breakout, retesting the resistance line from the flag formation.
The order:
Type: buy-limit
S/L: 70 pips - R:R | 1:5 -
T/P: previous swing high
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Eurnzdforecast
EUR/NZD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: Every trade we take is very very risky as we are trading ahead NFP`s and important events!
EUR/NZD: Daytrade-Execution🔁
Market-Sell-Order:1,76785
Stop-Loss: 1,77455
Target 1: 1,76175
Target 2: 1,75800
Target 3 :1,75180
Target for One-Target-Trader: 1,75800
Stop-Loss: 67 pips
Risk: 0,5% - 1%
Risk-Reward: 2,44
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Peace and good trades
Irasor
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Any questions? PM me. :-)
EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to new free trade-setup.
EUR/NZD: Daytrade-Execution🔁
Market-Buy-Order: 1,77300
Stop-Loss: 1,76780
Target 1: 1,77835
Target 2: 1,78155
Target 3: 1,78650
Target for One-Target-Trader: 1,78155
Stop-Loss: 52 pips
Risk: 0,5% - 1%
Risk-Reward: 2,51
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/NZD SHORT IDEA Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/NZD: Daytrade-Preparation
Market-Sell: 1,76390
Stop-Loss: 1,76935
Target 1: 1,75870
Target 2: 1,75350
Target 3: 1,74990
Target for One-Target-Trader: 1,75350
Stop-Loss: 54,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURNZD falling below 1.77000 what is the next level?EURNZD
📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another.
📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland was the recent hindrance for the New Zealand dollar. There is no major economic events in this week apart from daily auction prices
📍 Positive vaccine news will boost the New Zealand dollar. In smaller timeframe the price is trading below the 50% Fibonacci and the major price action level
📍 RSI is below 50 level and turned towards south. Expected weekly trading range will be from 1.78000 to 1.73000
📍 After reaching the 1.82000 level which is August high price felled towards 1.74000 which is major psychological level too
📍 Price action level is currently acting as the support for EURNZD. And the golden cross was happened in 50,100,200 EMA
📍 1.77000 is next major psychological level acting as support for the bearish trend.
📍 We can open suitable selling positions from current level. And the potential take profit will be around 1.74000. Coinciding with 78.6% LTF Fibonacci level. Stop lose may place above 1.79750 is a low volume area
📍 Major trend line was broken on 25-Aug on Lower timeframe trend line was also broken
📍 Ichimoku cloud is also acting as a support for the selling of this pair
EurNzd- new leg up in the next few days?After reaching 1.75 support zone, EurNzd corrected 300 pips to 1.78 where it found strong resistance.
The pair is trading in range now and the price at the time of writing is near the support zone that lies at around 1.7650.
I favour long positions as long as this support holds with a target to mentioned resistance.