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Euro / New Zealand Dollar

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EURNZD trade ideas

EURNZDLet's look at EurNzd for the next week. As you can see price made a nice push up and now naturally I would like to see the retracement back into the Demand zone. I will monitor the charts and check if I can get into any sell-to-buy setups - meaning selling before looking for buys into the Demand zone. ( that way I can position myself better ) Again what I need to see for my setup to become valid is a 15-minute structure flip/break. Nice setup overall. Let's patiently wait and see what next week will show us.
by Tilen_FX
EURNZD SHOWING HEAD AND SHOULDER PATTERN WITH 1:5 RISK REWARD EURNZD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01
1
EURNZD BULLISH PUSH The chart indicates a bullish breakout above resistance at 1.8137. Price found strong support around the 1.75067 level. Recent price action suggests buyers are currently in control of the market. A retest of the breakout zone (red area) is likely before further movement. The red zone represents a potential entry point for buyers after a pullback. The blue shaded area above marks the next target zone for a continued upward move. This move follows a period of consolidation near the lower support area. Strong bullish momentum could indicate further uptrend continuation. The price is reacting well to key support and resistance zones. Traders may expect a bullish move unless price falls below the red zone during the retest.
Long
by Mojaki_Jonas_Hlobo