Eurnzdsell
Harmonics on EURNZDHi guys,
this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated!
If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
Bat Pattern on EURNZDHi guys,
this is quite simple, it's a bat formation that's setting up on the 4hr chart and its D point it at a daily structure. This is why i'm very carefully looking at this pair, waiting for price to come back up to sell. Let's see, i'll keep you updated!
If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
Short EURNZD Based on H1 Timeframe Rising Wedge Reversal PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short again on EURNZD?Hi guys,
after getting stopped out on this pair not long ago, i'm back here because my analysis finally became true. Indeed, we saw a reversal of the trend starting at 1,6680. This change of trend is signaled by a sequence of lower lows lower closes that broke the main support at 1,64. At this point, i know my bias is confirmed by price action and i'm willing to take this short if price will give me a comfortable place for getting involved: right now, i'm looking at the yellow box to see whether price will create a small double top or not. If it will, i'm going to pay attention to candlestick patterns to take a short from there, looking for targets as shown above.
I'll update you.
If you want to share your vew/ideas, feel free to write below.
Otherwise, see you in the next chart!
EURNZD, short again?Hi guys,
after getting stopped out on this pair not long ago, i'm back here because my analysis finally became true. Indeed, we saw a reversal of the trend starting at 1,6680. This change of trend is signaled by a sequence of lower lows lower closes that broke the main support at 1,64. At this point, i know my bias is confirmed by price action and i'm willing to take this short if price will give me a comfortable place for getting involved: right now, i'm looking at the yellow box to see whether price will create a small double top or not. If it will, i'm going to pay attention to candlestick patterns to take a short from there, looking for targets as shown above.
I'll update you.
If you want to share your vew/ideas, feel free to write below.
Otherwise, see you in the next chart!
Short EURNZD Longterm Based On Bearish Gartley FormationGartley pattern completed D Leg on Thursday 3th of August and has since moved down about 120pips of the potential 400+
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
EURNZD 4H Re-Entry OpportunityFor those of you who missed the initial entry on the EURNZD 4H chart (after the trend line break), will now have a second chance to enter.
We are hovering over a strong flipzone that needs to be broken first with a high momentum bearish candle in order to enter. Do not do mid-candle decisions, wait for a clear break and be patient.
EURNZD in the Major previous resistance zone creating a double TUsing Top down analysis I have a Bearish Bias for this pair you can clearly see an overall Double Top Pattern on the higher TF's I am currently short with my SL above 1.62806. TP Targets are set yet awaiting more bearish price action. On h1 there is a smaller Double Top which I made my entry on. Also my pending was triggered @ 1.62248 which gave me a perfect wick entry on Daily with a smaller lot. Use Risk Management and patience! Remember I am still waiting for more pullbacks and Bearish Price Action.
Bat Pattern at StructureHey guys,
just wanted to let you know what i'm looking at this morning, a bat pattern completing right a daily structure zone on the hourly chart. Stops above X, targets as usual for harmonic patterns.
If you want to share your idea or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Harmonics in Play!Hey guys,
just wanted to let you know what i'm looking at this morning, a bat pattern completing right a daily structure zone on the hourly chart. Stops above X, targets as usual for harmonic patterns.
If you want to share your idea or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
EURNZD Showing A 550 Pip MoveEURNZD has been in a downward channel for a while now. Currently its very close to either reverse in a nice wave back up or a smaller correction wave up. Both scenarios can make nice pips and in the best case of a reversal we can see a possible 550 pips. Also the price is touching a nice support zone right now.
Please Note however that due to the huge swings in eurnzd this is a high risk trade.
Entry: CMP
Take Profit: 1.5730 > 1.5980
Stop: 1.5350
Short EURNZD Longterm Based on Weekly + 1D Charts for 400+ Pips!Our current EURNZD short is going perfectly as expected. I would like to close the gap on the current short but there are yet a few major supports to break through and I believe a pull back to a previous major support/resistance will be necessary. Therefore, this opens up the potential to a secondary short trade to take this down further.
The 1W chart shows momentum to buy is diminishing as the volume is now decreasing and we can expect a further push down next later next week.
A very simple and clean setup with entry on pullback and a great Risk:Reward ratio.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.