Eurnzdshort
Wait for confirmation and selling opportunity with EURNZDH4 time frame.
Structure: The uptrend ended when the price broke the Key level at 1.65500.
Wait for the price to complete the retest and confirm that the downtrend is clear, then you can find selling opportunities.
The profit target is the 1.63500 and 1.60500 price zone.
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Wish you all have a good trading day!
EUR/NZD - SHORT oppotunity !Hello trader,
Nice week and profitable deals 💲
EUR/NZD 4h Chart 📊
In my opinion, the ECB will keep lowering rates !!
Investor fear will further weaken the EUR !!
Technically we are at 0.382 of the last downward movement, IMO we are based on the SMA 200 4h and the POC !!
I will trade this breakout and use Fibos as TP and target 🎯
My SL is in the chart !
I want to mention that everything I post is just options and my own opinion!
Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade.
If you have any questions, please let me know
➡️If you like my posts, press the Like button, comment or follow me
Thanks for reading my ideas,
Trade save !!
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/NZD: Exhausted impulse? keep an eye on this Short idea! Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/NZD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Weekly timeframe:
Daily timeframe:
4 hours timeframe:
Recently, the market got a really strong bullish impulse from the lower to the higher part of this huge daily descending channel and was recently showing signs of weakness.
It currently broke the pattern and is retesting it, with a good possibility of a movement to the downside, considering an overall downtrend in higher timeframes.
When, where and why would I step into the market?
Before entering the market in the current area of breakout, I will be looking for a good entry point in a lower timeframe (1h or 30min), as you can see on the chart, the responsive movement trying to push the price back inside the pattern is quite weak, clue that possibly buyers are not interested in that level anymore.
My stop loss would be just above the last swing high and the take profit around the demand zone.
I will be trailing my stop loss on every new confirmed swing.
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURNZD Sell with 3 confluences listed
List of confluences:
1: Trendline Breakout and close
2: Breakout and close Key Level around 1.6582* on Daily Chart required as confirmation. This will mean change in market structure and new low created.
3: Head and Shoulder Pattern which can be seen on both the Daily Chart and The Four Hour Chart.
Summary: This trade has a potential Risk Reward (RR) of 3.62 to 1. We will only look of entries on the retest of key level 0.7184*.
The trade will be executed either using manual entry or pending order, depending on the location of price after the breakout.
The trade could be a RR +- 6 to 1, but we looking to trade about 60 - 65% of the move as there is a much higher chance of out T.P getting reached with a good RR.
We do not want to stay in trades too long as anything can happen. If we get stopped out, will look to other currency pairs for setups and only look at EURNZD next month.
EURNZD Sell the resistance.EURNZD - Intraday - We look to Sell at 1.6653 (stop at 1.6684)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We look for a temporary move higher.
A higher correction is expected.
Trend line support is located at 1.6570.
Our profit targets will be 1.6566 and 1.6546
Resistance: 1.6630 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.6595 (stop at 1.6624)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trend line support is located at 1.6620.
The previous swing low is located at 1.6595.
A break of 1.6595 is needed to confirm follow through negative momentum.
Our profit targets will be 1.6511 and 1.6491
Resistance: 1.6640 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
A divergence signal appeared with EURNZDH1 time frame.
Structure: Uptrend.
A divergence signal appeared with the MACD and Key level at 1.65000.
Wait for the price to break the Key level and have a signal to confirm the downtrend, then you can find a selling opportunity.
The profit target is the 1.63500 and 1.60500 price zone.
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Wish you all have a good trading day!
EURNZDHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURNZD view with Order block
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys