LONG Price has moved past 20ma, showing strong momentum. Next important levels to look out for are the weekly high and 100ma. If price can break through these levels it is likely to test 200ma.
Eurnzdlong
EUR/NZDBuy: EUR / NZD
Buy Limit: 1.56830
SL @ 1.56240
TP @ 1.58200
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
EURNZD Bullish breakout scenarioEURNZD is forming a bearish channel. Wait for the price to break out the channel and wait for pullback before opening a trade.
A strong bullish candle will confirm the change of trend.
EURNZD | Approaching to Support ZoneEURNZD has been in bearish trend and making lower highs and lower lows on daily timeframe. The current price action is approaching to support zone which were tested early in this month.
The another barometer for the bullish trend is the falling trendline.
Trade your levels accordingly.
EURNZD LONG - Buy Entry - H4 ChartEURNZD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: EURNZD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
PP Y1 @ 1.6612 - TP - Resistance @ 1.66070
PP Y1 - Pivot Point Yearly @ 1.6612
TP - BE - Resistance @ 1.63006
W! Support @ 1.59604
MN Support @ 1.569415
✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍
✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬
✅ Wishing you enjoyable successful trading 🙏
EURNZD | Support on Fib LevelEURNZD has given a reversal from 1.56400 level and move more than 600 pips from there. The pair has been retracing to fib level 0.382. We are expecting bulls will take charge from there and push the price to 1.64000 initially.
Alternatively, the bears will be active if it manages to break the support zone and trade below it.
Trade your levels accordingly.
EURNZD - Buy Entry - H4 ChartEURNZD - Buy Entry - H4 Chart
Buy @ Market
Symbol: EURNZD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 1.66070 - Yearly Pivot Point @ 1.6612
TP - BE - Resistance @ 1.63887
Support @ 1.59604
EUR/NZD SETUPgoing long on EUR/NZD AS WEll you can hop in, i am already in when i market gave this bullish engulfing
EURNZD LONG - Buy Entry - H4 ChartEURNZD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: EURNZD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Major Resistance @ 1.66070
Major Resistance @ 1.64134
Major Support @ 1.599746
Major Support @ 1.569415
Eurnzd Buy Setup For Long term Move Eurnzd Buy setup for long term . you can buy from 1.5830 with stop loss 1.5760
you can set your Buy limit pending order from 1.5830
EURNZD | UPDATEEURNZD has given a bullish reversal on daily timeframe. Price has break its first resistance and now testing it as a support. We are expecting bulls will be active once again and this will be a lower high of bullish continuation trend.
Trade your levels accordingly.
EURNZD longson weekly we saw an untested demand and also its previous BOS shld now test which is a strong demand which we will be looking for longs in thats area
EURNZD LONG OPPORTUNITYMarket Structure is KING!
Hey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURNZD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area than look to go long.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
Strong support could lead to reverse AUDJPYBe prepared y'all, this could be a blast. As you can see, we got a strong support that will make a good chanse for the price to go up. My target will be on resistance level.
EURNZD create bullish patternEURNZD create strong bullish divergence in 4hrs. On the other hand in daily its now at over sold with hidden bullish divergence; So i anticipated EN will bullish!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
EURNZD BUY from hereHi fellow traders, EURNZD looks ready for a buy opportunity as the WXYXZ correction is completing in the blue box. The trade will be invalidated if we break below the red line.Target de resistance levels. Goodluck!
EUR/NZDBuy: EUR / NZD
Buy Limit: 1.65850
SL @ 1.65000
TP @ 1.67150
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
EURNZD EURNZD Has reached an important support level! we notice an inverted double top bullish signal. Probably a rise to come. thanks!
EURNZD LongHey traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.666, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURNZDEURNZD approaching bearish consolidation order block after sweep of liquidity.
Find entry, sl n tp in TA.
setup invalid if sl hit.
NB: Patience + risk management is key to winning trades.
