EURNZD trade ideas
EURNZD Overextended Re-entry OpportunityJust re uploading my idea on EN in hopes to clarify. Price shot up high, then dropped. It went up again, then dropped again, and now going up a third time. Each of the highs gives a chance to enter the trade. Profit target stays the same no matter which entry I would have used, so whether on the first, second, or this third move up, I still think of it as the same trade. I entered and added to position already.
eurnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DCF Bets: EUR+7/NZD-4Today's market presents a promising opportunity for a long bet on EUR+7/NZD-4, with a risk-to-reward ratio of at least 1:2. We're observing a shift in capital flow over the past 2 days, according to the 20-day DCF analysis. I've set a limit order at the beginning of EUR's demand zone, which will expire today at 23:00 GMT+2. The max risk for this trade is around 5%.
Ideally, spotting a Bear Trap (a bullish liquidity pattern) forming in the demand zone on the lower time frames would be a great signal to add some extra positions.
EURNZD short position If the price breaks and closes below the 1.81685 level, a short position could be initiated with the expectation that the price might head towards the 1.79252 support area.
The price is currently near a key support level around 1.81685, and there is a significant red bearish candle indicating selling pressure.
There is also a pattern that could resemble a bearish pennant, with a downward sloping upper trendline and flat lower support. A break below the 1.81685 level could signal further downside.