EURNZD Elliott Wave analysisOm Namah Shivay
The EURNZD currency structure needs more experience to easily calculate.
The structure looks WXY complex.
Om Namah Shivay
EURNZD trade ideas
EURNZDEURNZD DOWNTREND CHANNEL BREAK OUT BUYING START
🙏The best "THANK YOU" will be your likes and comments!.🙏
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
Thanks for your continued support!
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Long Term support and likely reversal zoneThe pair seems to have been contracting in the zone of support. Seems to be a good long term bet from here on.
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7224). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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 62.
Take Profits:
TP1= @ 1.7365
TP2= @ 1.7520
TP3= @ 1.7610
TP4= @ 1.7770
TP5= @ 1.8020
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EURNZDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.7137).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD 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 53.
Take Profits:
TP1= @ 1.7280
TP2= @ 1.7340
TP3= @ 1.7440
TP4= @ 1.7610
TP5= @ 1.7770
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SHORT THE EARLY BIRDEven a perfect setup can turn out wrong. That is why we use proper risk management, 1% of your account, per trade.
BULL FLAG - LONGPrice is forming a bull flag pattern.
Hence looking to enter long
Simplicity is key to be successful in trading.
Thanks to all those who have followed me and liked my post.
Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.718). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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 75.
Take Profits:
TP1= @ 1.7280
TP2= @ 1.7358
TP3= @ 1.7445
TP4= @ 1.7612
TP5= @ 1.7770
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURNZDif I get a clear breakout and retest and without manipulations will be a great trade. 📈
Looks clean for a possible buy.
EURNZD RETEST LEVELTHE PRICE OF THE EURNZD BREAKS THE SUPPORT LEVEL AND MAY RETEST UPTO 1.71546. AFTER THE RETEST THE PRICE MAY GO DOWN UPTO 1.66199.
EURNZDUpside Trend (Downside Trend zone Breakout)
TG1 = 1.70305
TG2 = 1.70465
TG3 = 1.70682
TG4 = 1.70963
Stoploss = 1.69652
EURNZD - SHORTThe counter EURNZD is traveling in the descending channel from 18th November. Therefore short is very suitable for this counter and the bearish trend will continue further. The price is moving even more downwards and it is expected to move until 1.6947.Till now there is no indication for a break out of the channel. If the price breaks the top line of the channel, then there may be a chance of trend reversal.
EurnzdEurnzd New forecast setup
We think Eurnzd pair first 1.7080~1.70 under round and next few weeks we see it going 1.74 near price
Buy for dips side ⏫⏫
