EUR.NZD Head & Shouders, breaking neck line to Down Side, SHORTI see a possible SHORT position here.
Price broke major level tested multiple times previously, which also appears to be a Head & Shoulder.
Waiting for price to go up and retest that level, which hopefully will then confirm selling pressure and allow for a SHORT position with a ~ 1:2 risk/reward, or maybe even more all the way down to next major level !
NZDEUR trade ideas
EURNZD - Short from LZ !! Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is a rejection from confluence of trendline + LZ + institutional big figure 1.81000.
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eurnzd analysis elliot. 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 screaming for SHORTPrice is potentially a false breakout key high, and many buyers are trapped right now, so if price starts to go lower, they will be closing their buy positions, and it provides us with a potential impulse lower.
The main sign of a lack of buyers pressure for me is the MACD divergence.
This chart is screaming on me to short it =)
Waiting for a new LH (Change in trend confirmation)A change structure after a Elliot wave count completion, now based on the analyses I am waiting for a clear short signal near the 1.8100 - 1.8200 with a clear sell signal which could be a double or triple top on the lower timeframe. This is because as price completed a wave count and change in structure which means that price could make new lower highs and lower lows rather than higher highs and higher lows.
EURNZD SELL CONTINUATION?The market is currently in a weekly rangeb ased on market current market trend. The market is currently bearish both on Daily TF. We could see further downtrend due to the breakout of the current structure.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
EURNZD: Bullish Continuation & Long Trad
EURNZD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry - 1.8001
Stop - 1.7931
Take - 1.8140
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD BUY 1:3.5 RR probabilityHello Traders
1. A complete expanding triangle has been formed
2. Unmitigated gap 1.81518
3. Impulsive move reaction from E wave needs to react and move towards the Gap to complete the structure.
4. Engulfing candle in the 15 min TF OR 61.8% fib retracement of E wave
Strategy : Engulfing candle 15 min/FIBONACCI retracement
Entry: 1.80660
Stop loss: 1.80400
Take Profit: 1.8500
EURNZD POSSIBLE BUYThe market is currently testing the current weekly structure for a 3rd bounce on the Daily TF. Based on market trend, the market seems to have formed a 4HR base by the strong closure. We could possibly get more BUYING opportunities coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURNZD
Entry - 1.8068
Sl - 1.7986
Tp - 1.8200
Our Risk - 1%
Start protection of your profits from lower levels
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eurnzd analysis. 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
Bullish Sentiment in EURNZD All confluences are in check already. I would have gone in aggressive from the the daily demand but due to its sitting slightly at equilibrium,I’ll need to execute with confirmation(choch) entry on 15m-4hr depending on which of the ltf it emerges. Targeting the first high at TP1 and last the last high as TP2.
Note: this is all a probability as we all know.
EURNZD next move(expecting a bearish move)(mid term)(18-08-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term(18-08-2024)
Current price- 1.82100
"if Price stays below 1.83800 , then next target is 1.80900 and 1.78900 and above that 1.84500.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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EURNZD Will Go Up! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.806.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.824 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Bullish bounce?EUR/NZD is falling towards the pivot which has been identified as an overlap support and could reverse to the pullback resistance.
Pivot: 1.80567
1st Support: 1.79290
1st Support: 1.79290
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EURNZD1.EURNZD has made a break of structure to the bullish side, since then, the price has been ralling up for a while.
2.The price has to make a correctional move before making another rally up, so the price has successfully managed to make a correctional move.
3.The current price has made a retest, so we place our entires as the price is reacting off of the flip zone(retest zone).
4.We buy EURNZD
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