Eurnzdforecast
EURNZD SHORT**ENG**
- Price rejecting nicely our reversal area, if price closes shooting star at the 2H, it would be a nice indicator of a drop in price.
**PT**
- Preço a rejeitar muito bem a nossa zona de reversal, se o preço fechar em shooting star no timeframe de 2H, será uma bom indicador de um possível movimento de queda no preço.
EURNZD, 4 hour timeframe, double top pattern in playHello my friends, i saw a nice trading setup in EURNZD pair.
A double top pattern is forming exactly on daily chart resistance trendline.
Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair.
Sell EURNZD 1.7360-50
stop loss 1.7435
Take profit 1 @1.7265
Take profit 2 @1.7180
good luck
EURNZD, REVERSAL ON SIGHT!**ENG**
- If price breaks bellow our demand level (black line), we would like to see a drop till the 1.7300 zone and then look for a possible reversal to the upside, with the first target being the 1.7350 zone.
**PT**
- Preço a quebrar a nossa zona de procura (linha preta), se de facto tivermos a quebra, o melhor seria aguardar por um toque na zona dos 1.7300 e aí sim procurar por um reversal para cima, o primeiro target nesse caso seria os 1.7350.
EURNZD Breakout Setup Bull flag and already breakout done looks good while holding support .
Taking this setup
12 hour has really bad ichimoku resistance need to close above first
But waiting for market to open not adding order wait for market to warm
Long : 1.7427 at this good only for risk taker only
EURNZD Bearish Channel 4HThe pair is in a well identified downtrend. Chances are high that it will return to the bottom of the bearish channel, where it would be an excellent opportunity to take profit and close bearish positions for this time frame.
Remember to be prudent in your strategies correctly placing the stop loss to protect bigger losses.
For more information you can contact us.
SmartSoftwareTechnologies.com
EURNZD H4 LONG PRICE ACTION FORECAST With the EUR bullish across the board, the EURNZD pair allows the setup of a long entry after finding rejection from a strong support level and forming a double bottom. Price action is heading towards the resistance line for the descending channel where it has been trading.
The order:
Type: buy-stop
S/L: 120 pips - R:R | 1:2 -
T/P: resistance level
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