EURNZD trade ideas
EUR/NZD analysisThe counter is in downtrend movement.
it broke the trendline with the strong bullish candle.
Hence, it will be bullish in the short term.
BUY THIS EURNZD FOR MORE PROFIT. Hi Guys Highly recommend BUY it this currency that TA
gain with me profit of 400 above pips.
BUY EURNZD : 1.69514
1st Target : 1.71644
2nd Target : 1.73273
Stop loss : 1.67998
Risk : 148 pips, Reward : 400
USE 0.01 LOT ONLY.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
EURNZD LONGAS EURNZD IS IN CONSOLIDATION PHASE HAOVERING AROUND RANGE BOUND ,AS IT BREAKS SUPPORT LEVEL & RETEST...... LOOKING FOR DOWNWARD MOVE
EURNZD – Symmetrical Triangle Pattern – 1.77420There is a formation of a symmetrical triangle pattern in EURNZD pair, in a daily time frame chart and there are higher chances that it will give a breakout in subsequent trading sessions. Hence, a trader can place a long position with a stop-loss of 1.73554 and first target cum take profit is 1.76021, along with major target 1.77420
EURNZD - Negative Divergence - Target 1.72807 There is a formation of a negative divergence pattern in EURNZD in a daily time frame chart. This pattern is formed due to higher highs in price chart and lower highs in the RSI indicator. One can enter for trade with a stop loss 1.76176, and 1.74926 as the first target and 1.72807 as the second target.
EURNZD getting rejected at weekly channel top. EN getting rejected at weekly channel top.
Short EURNZD with:
TGT1 = 1.7045
TGT2 = 1.6850
SL = 1.7350
EURNZD SHORT!Go for it SELL EURNZD after checking the testphase of the 100% RET of the buyers, with clear V-FORMATION. ALL LINES ARE MENTIONED ON TO THE SCREEN.
Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6815). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EUR/NZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.6913
TP2= @ 1.7050
TP3= @ 1.7305
SL= @ 1.6725
EURNZD for shorti said short because of the correction and descending channel , also it may be long because
there is a daily ascending channel and the price just bounced off
the bottom line so it may continue up or come back down to retest and break it....
