EURNZD Long AnalysisTake a look below you will see the previous analysis of this pair.
Originally price formed a double bottom.
Price retraced to the neckline as expected.
After the retracement priced formed a doji on the daily (signally a possible reversal after the downtrend/sell of).
This area was near 61.8 fib level, which is where price respected and found support at this level, then began it's push up.
Here is an image of the previous analysis, performed on March 27
Eurnzdlong
EURNZD LONG TRADE DAILY 1D ENTRY : 1.67800
STOP LOSS : 1.66600
FIRST TAKE PROFIT : 1.71275
RISK : 1% CAPITAL
Once first take profit target is hit we will close half the position. We will then look for continuation of trend. As we have more information i will follow up with an analysis.
GL.
Please feel free to comment and discuss.
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EUR/NZD New Analysis To Catch More Than 400 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURNZD push higher from 1.66000 to 1.67400Another one of my student trades, looking to go long for the reasons said below.
40 pips stoploss
140 pip gain.
1. Bullish pattern
2. Whole number
3. EMA'S closer together, tells me that the momentum is going bullish
4. Adjustment needed in the market. (Correction)
EUR/NZD New Setup To Catch 300 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURNZD 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
EURNZD 4H TIMEFRAME!
EURNZD BUY - 1.65160
🎯TP - 1.65362
🎯TP - 1.65666
🎯TP - 1.66161
📈SL - 1.64852
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EurNzd- In a good place for a swing buy tradeI think there is no trader who hasn't wondered where the eurnzd decline will stop...
And I think we are at that point
On a weekly chart, we can clearly see a long-tailed Pin Bar in long term horizontal support, followed by a consolidation week and another small Pin Bar, which gives me reasons to think that a bottom is in place and a correction will follow
If we zoom in on H4, we can see the false break of important 1.65 and strong rebound followed by consolidation
At this point, EurNzd is trading at 1.6656 and I expect a break above 1.67 resistance, after this the road is clear to 1.7 important figure