EURNZD
EURNZDWe´re waiting a reversal in this pair possibly for ending of today or tomorrow morning.
We´ll work with 2 pending orders in the levels shows in the chart and without stoploss till end of the week, because sometimes we put the stoploss friday evening.
Good luck.
Estamos esperando una reversión en este par posiblemente para terminar hoy o mañana por la mañana.
Trabajaremos con 2 órdenes pendientes en los niveles que se muestran en el gráfico y sin stoploss hasta el final de la semana, porque a veces ponemos el stoploss los viernes por la noche.
Buena suerte.
EUR/NZD - LONGDate: 24/03/2023
Technical Analysis:
The market is in an uptrend in the 4-hour timeframe.
The price is currently trading above the weekly pivot point.
There has been a break of the weekly supply and demand zone, followed by a retest.
The price is currently in a correction and has retraced back to the weekly supply and demand zone, touching the 0.5% Fibonacci retracement level and closing with a clear doji candle.
In the 1-hour timeframe, there is a clear reversal candlestick pattern after the correction.
Trade Plan:
Take Profit Target 1: 1/1 Risk Reward.
Take Profit Target 2: -0.61% Fibonacci retracement level (1.5/1 Risk Reward).
Stop Loss: Placed at the 0.78% Fibonacci retracement level.
Risk per trade: 0.5% of capital due to it being a Friday.
Please note that this is a professional and clear trade plan for informational purposes only. It is important to conduct your own research and analysis before making any trading decisions. Additionally, please always remember to manage your risk carefully and never risk more than you can afford to lose.
✅EUR_NZD SWING SHORT🔥
✅EUR_NZD is trading in a
Rising channel and the pair
Hit the confluence of the
Horizontal and rising resistance
Levels and made a pullback so
A further move down and
The retest of the rising
Support of the channel
Is to be expected
SHORT🔥
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EUR-NZD Resistance And Double-Top! Sell!
Hello,Traders!
EUR-NZD has almost hit
A resistance cluster of the
Rising and horizontal support
Then formed a double-top on
The 4H timeframe and is going
Down so I am expecting a
Retest of the target level below
Sell!
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EURNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block, also I will look for a confirmation on lower timeframe.
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EURNZD to find resistance at market?EURNZD - 19h expiry - We look to Sell at 1.7373 (stop at 1.7423)
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Bearish divergence is expected to cap gains.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
A higher correction is expected.
Our profit targets will be 1.7253 and 1.7233
Resistance: 1.7370 / 1.7410 / 1.7459
Support: 1.7306 / 1.7270 / 1.7240
Risk Disclaimer
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EURNZD D1 UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
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EUR/NZD Broke Daily Up Trendline , Sell With Retest ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.