EURNZD trade ideas
EURNZD Bullish Forecast - long termEURNZD SEEMS VERY BULISH BUT DON'T REACT TRADING NOW, WAIT FOR THE BREAKOUT OF HAND
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let the market come to youi think price is being drawn down i am looking for sells.a push higher would set things in motion
EURNZD Buy Trade SignalsEURNZD Buy Trade Signals
its current downtrend expecting to swing market from the next support area as we mark in the chart if the market made nice bullish candle on the support area that is a very good opportunity for buyers with good risk rewards
EURNZD Analysis:EURNZD Analysis:
EURNZD is moving in the Descending channel and the market has reached the lower high area of the channel.
New Zealand is currently in the midst of a food shortage. Vegetable and dairy products are in short supply, which has caused them to significantly increase in value. This resulted in New Zealand food prices being at the highest level in 13 years.
EURNZD BULLISHEURNZD BULKISH FORECAST
ACTIVE ON H4, D1, & W1 AND MAY KEEP GROWING TILL 2023
EURNZD has been trading within ranging boundaries from 1.60771 to 1.82200 all during the time of Sep 2018 to sep 2022 weekly TF gave this view.
Market has respected these zones, but we have falling trend channel which as well been respected since 1.87929 to the lowest level of 1.56209.
The issue is that now, the falling trend channel has been broken, I expect retest between 1.71273 to 1.69959.
The target in this idea is major resistance level at 1.79972, f 5 price keep growing may break the resistance 1.79972 for another major support level 1.96840.
Inverse head and shoulders:
I've noticed the inverse head and shoulders all within the trend channel.
Cup and handle:
I've also note the cup chat pattern from the area 1.69576, 1.58861 and 1.7000, we expect breakout from the handle boundary for bullish run.
ECB HAS BEEN HAWKISH, BUT COULDN'T LIFT THE EUR NOW, BUT TECHNICALLY SPEAKING, IT'LL SPIKE UP WITH THIS IDEA
If the price trade below the broken trend channel.
EURNZDOnly for educational purposes. I am not responsible for your losses, Before taking your trade please analysis and take your own decisions
EURNZD Shortgood entry point for a short call with a strong impulse move in the downward side in the chart
EURNZD AnalysisSetup Contains:
1. Wyckoff Distribution Scheamatic
2. Bearish Break of Structure
3. Targeting Liquidity Pool + Sell Side Liquidity
FOLLOW PAFX & TRADE LIKE BANKS 💸
EURNZD Analysis UpdateWe forecasted and shared our view of EURNZD , where we spotted this WYCKOFF Distribution Schematic.
And as per our analysis the market dropped immediately 😍
From the analysis -
We got 150+ Pips with 1:5.5+ Risk To Reward Ratio!!
EURNZD Analysis UpdateWe forecasted and shared our view of EURNZD, where we spotted this WYCKOFF Distribution Schematic.
And as per our analysis the market dropped immediately & currently
Running 93+ Pips with 1:3.5+ RRR!!
Open NY killzoneOpen NY Killzone doing 1/9. Having enough probabilities that the price would react in that bearish candle which had not been touched by the price, and then having the confirmation with the bullish hammer pattern, we're ready to confirm entry.
EURNZD FOR A POTENTIAL BEARISH MOVE REASONS FOR THE BEAR MOVE:
1. It broke previous low
2. Created new lower high and supply zone
3. At 618 area on fibs
EURNZD : Looking for Long!EURNZD is looking for long after forming descending channel on 4h lined up with the double bottom & has the clear formation to the upside.
EURNZD Shortall the htf looking goood for a short in the big rising wedge. will wait for the entry and maybe short it if not then retest it is
EURNZD longCan expect one opportunity for long. we can see Break of structure and imbalance. Hope you understand my chart.
EURNZDEURNZD, looks good for sell. Analyze the chart and trade accordingly. Make a handsome profit. for details DM
EURNZD Daily Technical AnalysisTrading Ideas-
Long positions above 1.6056 with targets at 1.7010 & 1.7277
Alternative scenario
If price goes down 1.6056 look for 1.5613 & 1.5349 as targets.
Supports and resistances
1.5613 & 1.5349
1.7010 & 1.7277
EURNZD Trading Plan - 18/May/2022Hello Traders,
Hope you all are doing good!!
I expect EURNZD to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
