ernsos90

ernsos90

FX:EURNZD Was too focus on looking for buy opportunity because H4 was showing a lot of sellers exhaustion and also H4 is at support level. There was that one opportunity where i could have took a sell but didn't see it until it was too late, I missed that train. Flexibility is the word of the day.

ernsos90

FX:EURNZD BOS happen on M15, we should be looking for the retest and some type of bullish engulfing or variations before to take any buy entries. Pay attention how H4 candles closes too. Double bottom at the same area of support and sellers exhaustion. H4 still haven't entered the buy zone yet but BOS on M15 happen we are just waiting for the buy...

ernsos90 Updated 

FX:EURNZD Patience is key, and let the trade playout.

ernsos90

FX:EURNZD Two H4 candles closed bullish engulfing, meaning on LTF there were a BOS. There were couple bullish engulfing candles presented but if you didn't get in from those candles, there's still opportunity to do so. At the retest is the next opportunity to buy.

ernsos90

FX:EURNZD Market open, gaped up and closed bullish above last LH point. Now we wait retest where it broke structure. Waiting for bullish engulfing and variations then we should be good for buy entries.

ernsos90

FX:EURNZD H4 is creating a bullish crab harmonic pattern. Last week H4 closed with 3 doji candles. On LTF, M15, M30 and M45 seem to found strong level of support but overall didn't break last LH (38.2%), but for that bearish move to continue, price must break that level of support. H4 looks like its testing previous level of support, that previous level of...

ernsos90

FX:EURNZD H4, closed with sellers exhaustion, also creating bullish crab. We should be expecting some bullish moves soon.

ernsos90

FX:EURNZD H4 entered the buy zone, we should be looking for entries. Retest already happened.

ernsos90 Updated 

H1, retested previous lvl of support then created a double bottom . LTF BOS happened, then retested twice on lower time which created the first LH point on H1. Break of structure(BOS) on H1 and entered buy zone. Before I put any buy entry I'll be waiting for some sort of retest where it broke structure.

ernsos90

BOS on H4 and it entered the buy zone, but before any buy entries we should be waiting for that retest.

ernsos90

FX:EURNZD H4 is bearish but will need to break that lvl of support and retest it to continue that bearish trend. If H4 break that LH point and break that downtrend trend line then we should be expecting some bullish trend but first it must retest where it broke that LH point.

ernsos90

FX:EURNZD Monthly time frame is bullish, but it's doing counter trend right now on LTF( lower time frame). If you're looking at the monthly time frame, you can see that the counter trend is about to test where it broke that resistance lvl.

ernsos90

M15 broke trendline (downtrend), also broke M15 structure, we should be expecting some sort of uptrend soon. First we have to wait for a retest of where it broke structure from. H4 just created a HL point too, so we should be expecting some sort of uptrend.

ernsos90

M15 is bearish, H1 is bearish broke counter trend line. H4 is bearish with bearish engulfing at the LH point. Projected TP is at -27% , around price lvl 1.70073. 1.70151 is weekly key lvl for support. Expecting some type of reversal at that support level. Daily is showing buyers exhaustion.