EURNZD Trading Plan - 18/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect EURNZD to go Up from here anytime.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Eurnzdsetup
EUR/NZD Made Inverted H&S , Ready To Buy And Get 200 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: 2 HR Big bullish move expected! EURNZD in Wyckoff Method, we can confirm that price is in verge of big bullish move of 400 pips at least. If you look through the chart carefully, we have given reason for each move that EURNZD made in last few weeks. This idea has highest possibility of the trade. Though we need to take sell side liquidity into the consideration if price decide to push down to take out the liquidity and fill the void area, we should not be shocked if it does. So please keep that into the consideration while taking buy entry on this pair.
Euro can be extremely bullish in coming days, and this will likely to have effect on most of the euro pairs, same goes to EURUSD.
Please do like and comment if you agree with the idea. It will gives us encouragement. ❤️
EUR/NZD +70 Pips 0 Drawdown , New Entry In This Video !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: some bullish movement before a dropDear Traders,
EURNZD recently broke out of ascending channel and also took out the sell side liquidity. Possible bullish price momentum expected to fill the market gap that it left behind. Use smaller time frame for entry and enter with proper risk management. Remember patience pays and this is our bias, yours can be different.
Good luck and thanks as always for showing support!
EUR/NZD Want To Break The Support , Short Very Soon ?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.
7 Dimension Analysis For EURNZD Yearly 🕛 TOPDOWN Analysis
Yearly: A multi-year bearish structure persists, notably mitigated after the 2020 liquidity. The current chart suggests a potential trend shift.
Monthly: The market induces a significant move, establishing a proper internal structure with clear mitigations. The last two candles exhibit pronounced long wicks, rejecting from previous long wick order blocks.
Weekly: A well-defined weekly internal bearish structure is in place.
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive move is intact after a proper BoS, with a pre-breakout buildup near support levels. It's advisable to monitor any support breakouts for potential sell entries.
🟢 Inducement: Done
🟢 Pullback: Completed with a proper liquidity sweep
🟢 Internal Structure: Sideways
🟢 Decisional OB: Mitigated; waiting for support breakout due to observed volatility spikes and a massive supply at the decisional OB area. Distribution is evident in the same area for the third time.
🟢 Time Frame Confluence: Daily and H4
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal - Rounding Patterns, Triple Bottom (waiting for failure). Consolidation Rectangle - A strong consolidation range; waiting for support breakout. Continuation.
🟢 CANDLE PATTERNS: Massive consolidation range; avoiding candlestick patterns in a sideways market.
3️⃣ Volume
🟢 Fixed Range: According to it, in this bearish volume,
🟢 Volume on Breakout: Awaiting this
🟢 Volume during Consolidation: Not as needed so high chance market continue its fall moves
4️⃣ Momentum RSI
🟢 Zone: Bearish to strict sideways
🟢 Range Shift: Bearish to sideways; intact from many sessions, indicating a lack of bullish power to break this range.
🟢 Divergence: Some bullish divergences observed, but not strong enough to manipulate the market.
5️⃣ Volatility Bollinger Bands
🟢 Middle Band: Price is under the middle band.
🟢 Contraction: A long and strong contraction; breakout will be crucial for this move.
🟢 Headfake: A very clear headfake, suggesting a potential sharp downward move in the coming sessions.
6️⃣ Strength According to ROC
🟢 Values: EUR 3.47 vs. 7.20, clearly showing the strength of NZD.
7️⃣ Sentiment
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Bearish
☑️ Current Move: Sideways; waiting for breakout
✔ Support Base: Previous swing low is support
☑️ Candles Behavior: Bears' candles appear stronger than bullish.
💡 Decision: Sell at the support line breakout
🚀 Entry: 1.7382
✋ Stop Loss: 1.7602
🎯 Take Profit: 1.6758, 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3
🕛 Expected Duration: 15 days
SUMMARY: The analysis reveals a persistent bearish stance with indications of potential bearish continuation. Monitoring support breakout for sell entries is advised, considering the observed volatility and supply factors. The decision emphasizes waiting for the right breakout conditions.
7 Dimension Trade Idea For EURNZD 😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Liquidity sweep and start impulse
🟢 Pull Back: 1
🟢 Internal Structure: Bearish
🟢 Decisional OB: Mitigated and gave a proper reaction
Support Resistance Breakout/CIP: Playing a major role
🟢 Traps: False Breakout, considering the continuation, Shakeout
🟢 Time Frame Confluence: Daily
2️⃣ Pattern
🟢 CHART PATTERNS: Consolidation Gramophone Breakout, Shakeout Continuation Done
🟢 CANDLE PATTERNS: Long wick: at CIP area bearish, Momentum: many bearish candles appeared here,
3️⃣ Volume
🟢 A substantial volume observed during the consolidation phase, and also good at the breakout, meaning bears have full control of this pair
4️⃣ Momentum RSI
🟢 Zone: Bearish to sideways consolidation
5️⃣ Volatility Bollinger Bands
🟢 Middle band: Price Around here
🟢 Price is fully contracted in this point, volatility is compressed
6️⃣ Strength According to ROC
🟢 Values: 3.33 vs 7.04, NZD is much stronger than EUR
7️⃣ Sentiment: A small sell entry
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish
☑️ Current move: Impulsive
✔ Resistance Base: Trend line resistance
☑️ Candles Behavior: Momentum
☑️ FIB Trigger event: Done
☑️ Trend line breakout: Done
💡 Decision: Sell right at the opening
🚀 Entry: 1.7498
✋ Stop Loss: 1.7555
🎯 Take Profit: 1.7305
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.3
🕛 Expected Duration: 3 days
SUMMARY: The analysis indicates a bearish stance with a well-defined structure and pattern confluence. Volume and momentum align with the bearish bias. The decision is to sell at the opening with specified levels for entry, stop loss, and take profit, considering potential internal structure changes and trendline breakouts.
EURUSD Looking BullishThe 4-hour support level has consistently demonstrated its reliability, as evidenced by several occurrences of notable price surges originating from this point. This pattern reinforces the likelihood of a substantial upward movement in the near future. It is advisable to closely monitor the charts for confirmation and updates.
Looking specifically at EURNZD, the currency pair has currently reached a strong support level, suggesting the possibility of a significant rebound in its value. Traders and investors should pay careful attention to developments in this context.
EURNZD I Double top soon to be completed and bounce from demandWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURNZD I Double top neckline broken and more downsideWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EUR/NZD Sells Active - Swing Trade - Key Resistance 1.80500I have just taken a sell position on EUR/NZD expecting some good selling pressure over the next couple of weeks.
From a technical perspective we can see price has come into the 1.08500 level which is a key area of daily/weekly resistance where in the past the market has reacted from favourably.
I am expecting again a strong reaction from this area.
I will not be going into the entry confirmation for this trade idea.
Stoploss is going to be at the high of the current daily candle.
Targets have been outlined within the screenshot provided.
EURNZD I Potential short from resistanceWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURNZD Long Term Selling Buying IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD is in possible down waveAn opportunity seems to be emerging in the EURNZD as it indicates a downward trend. Consider initiating a sell position upon observing the breakdown.
Should the downward momentum not sustain, observe the price action at the top and consider selling from that point.
Wishing you success in your endeavors.