This pair has been trading in the range since past few days, also we can see the bearish impulsive move on the left which was caused in the zone of 1.80178. we can open a short position keeping the SL at 1.80653 and target 1.78516, achieving 1:2 RR
Pattern Spotted - Double Top Entry - 1.60260 StopLoss - 1.60441 TakeProfit - 1.59351
EURNZD 4HR ..Supoort zone broken which it was touched for three times.. Now the pair was retesting....Wait for Confirmation and then GO SHORT..... Take profit @ 1.67000
EURNZD CURRENTLY IN MIDDLE WHAT WILL HAPPEN I FUTURE???? REDLINE IF THE VOLUME OR SPEED OF THE CANDLE IS HIGH IT CAN REACH THE MAJOR RESISTANCE @1.74900 - 1.75100 GO SHORT @ 1.74900 WITH STOP LOSS @1.175300 TAKE PROFIT @ 1.172800 GREEN LINE: IF THE VOLUME IS LOW IT CAN'T BREAK THE RESISTANCE AND TENDS TO MOVE DOWNWARDS @1.71500 - @1.71400 GO...
EURNZD MOVING TOWARDS RESISTANCE ...WHAT WE CAN EXPECT???? GREEN IF MOMENTUM IS LESS THEN AFTER PRICE CONFIRMATION YOU CAN GO SHORT AROUND @1.72700 TAKE PROFIT @ 1.70250 RED IF MONTUM IS HIGH THEN IT WILL BREAK THE PREVIOUS RESISTANCE AND NOW IT HAS SUPPORT AFTER PRICE CONFIRMATION YOU CAN GO LONG @1.72800 TAKE PROFIT @1.75000
EURNZD , AFTER BREAKING TH PREVIOUS SUPPORT LEVEL NOW IT MOVING TOWARDS NEW SUPPORT LEVEL @1.74900- 1.74600 (Go for Long) When it was treated as an Support level it will move to previous resistance @1.76000 -1.76300(Go For Short)
EURNZD Sell @ CMP 1.6890 Stop Loss = 1.7480 Take Profit 1 = 1.6646 Take Profit 2 = 1.6353 Take Profit 3 = 1.6109 For Forum Discussion: EURNZD LeTechs Forum