Eurnzdforecast
EURNZD LOOKING GOOD FOR A BULLISH EXTENSION I previously marked up EURNZD with a bullish prospective ( i have attached the previous mark ups). Price recently broke out bullish after respecting support.
Price is currently moving bearish into what i would see as a retracement. So price has the potential to reach the support i have marked at the grey price line which is also our entry and move bullish again.
Entry - Grey line
Stop loss - Red line
Take profit - Green line
Happy trading all
EURNZD TO KEEP GOING LONG I previously did a daily mark up on this pair and in my opinion, this pair is bullish. I have attached the daily mark up on below. We may see price retrace to the price level i have marked with the grey horizontal line and then move toward our take profit (green line). We also have bullish divergence forming.
I would recommend only risking 1% on this trade.
Stop loss - Red line
Take profit - Green line
Happy trading.
EURNZD shortHi traders,
this is my view on EURNZD.
After a doubletop and the RSI divergence we can go short for a good swing trade.
I´m already in this trade but it´s not to late to enjoy this easy pips.
My first target is 1.69 and the very optismistic target is over a long tim 1.66.
I wish you a good trading week.
Your Stefan Forex
EURNZD 30 min Harmonic BAT Analysis and StrategyThis pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This is a bearish signal and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. FX:EURNZD
EURNZD, A CAUTION SHORT.For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an SL.
Best of lucks,
GlobalYouthTrading
EURNZD POSSIBLE BUY SET UPAfter a long range and wedge formed since december until it finally exploted last week closing above the previosu daily high,so right now we got the following confirmations to expect further upside movement:
1. Wedge pattern broke to the upside
2. New HH formed in the higer timeframes
3. closed above the MP & AT fib
4. Broke out after a Elliot compeltion
5. 1st impulse formed now expecting a pullback to form the 2nd one
So i would liek to see a daily or 4h retest 1.6700 area or ideally to the 1.6660 and ocne price reach there ill monitor it on the 4h timeframe and see if we can hold above these levels