Eurnzdshorts
SHORT EUR/NZD looks interestingMy indicators are suggesting we could be in the process of a BIG move south on this pair - potentially over 1200 pips. We already moved down 2000 pips from the last high back in the middle of May and I believe we could go lower. Maybe big swings though so I've taken a smaller position to accommodate a larger stop. In at 1.8052 STOP at 1.8317 and TAKE PROFIT at 1.7314
EURNZD short Positionthis pair to show some weakness in the near term to complete final corrective wave labeled as Y.
short position from current levels is backed up by Elliott waves analysis and a very important level Nzdusd has reached in today's session.
good luck
EURNZD --- DOWN WE GO3 drives to the high 4h ---- rejection.
Daily uncertainty.
270 pip target.
Here we go.
DAILY POTENTIAL H&SH
Daily Target.
inverse cup and handleInverse cup and handle forming on daily chart, and we can see Williams Alligator short signal
(Sell) EURNZD Trade Plan for March 30, 2018High probability of lower lows and that's why I'm selling with targets at 1.67
EURNZD TECHNICAL ANALYSIS -SELL NOVEMBER 27, 2017
Sell opportunity present.
Oversold stochastics in the daily and 4HR chart. Additionally, there is an over-extension to the upside after price closed above the upper BB.
Bears to aim support levels at 1.71 and 1.68
Stop loss above 1.74
EURNZD Technical Analysis-Short November 6, 2017Hello Traders,
Technically, I expect the Kiwi to strengthen going forward. In the weekly and the daily chart, it is hard to ignore the sell signal with a bear divergence pattern in play. Also note that this week’s candlestick could be a confirmation of an Evening Star pattern at the shoulders of a Head and Shoulders pattern. Week ending October 23 ended as an inverted hammer so that is good for bears especially after last week’s bear confirmation. Secondly, the daily chart is testing the 20 period MA and the probability of breaking below the support trend line is high given the bear momentum in the daily chart.
I will trade as follows:
Sell: 1.68
Stop Loss: 1.70
Take Profit: 1.58
Have a good trading day.
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