EUR_NZD POTENTIAL SHORT|
✅EUR_NZD will be retesting a resistance level soon at 1.8464
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Eurnzd!!
EURNZD Is Going Down! Sell!
Take a look at our analysis for EURNZD.
Time Frame: 45m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.821.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.817 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/NZD Full Detailed Analysisthis pair has been rallying to the upside very strong without any retracement. right now it is standing at a very strong resistance area and on small timeframes we would see some nice bearish price action. u can enter a sell trade now and expect a very hard drop in the EUR/NZD Price .
EUR-NZD Locally Overbought! Sell!
Hello,Traders!
EUR-NZD is trading in an
Uptrend and the pair is
Locally overbought so
After it hits the horizontal
Resistance level of 1.8285
I will be expecting a
A local bearish correction
Sell!
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EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/NZD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.805 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURNZD Technical Analysis and Trade Idea In this video, we take an in-depth look at the EURNZD. The pair has recently undergone a significant bullish rally and now seems overextended, hitting a critical resistance level. Due to this extended move, I'm seeking a buy opportunity on a Fibonacci retracement.
I discuss my observations on price action, market structure, and the overall trend. Keep in mind that this content is for educational purposes only and not financial advice. Trading involves substantial risk, so always implement responsible risk management strategies.
EURNZD Trade PlanEURNZD has completed a W FCP pattern but did not reverse. It is now at a structure resistance level which can make it fall. Wait for sell confirmation. If that comes this can be a good short opportunity.
If the price breaks and confirms the previous high, we will go long based on the confirmation.
If you found this interesting please consider supporting this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂
EURNZD I Potential short from top of the channel Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Trade Plan - Start Scaling in ShortsTaking a look at the daily timeframe, RSI is in the overbought territory as we approach a descending level of resistance.
For this reason, the trade strategy here is to "Scale In" on the sell and fade this pair as it climbs here. Whenever using atechnique like this, I prefer not to use a stop loss and scale with little volume.
If you like this trade setup/strategy, be sure to like, comment and share.
Trade Safe
EUR/NZD on a 1-hour timeframeThe price has reached The 1D-FVG (1-Day Fair Value Gap) and is showing signs of rejection.
The current price is around 1.80040-1.79935, which is slightly below the resistance zone.
The blue highlighted area around the 1.7800 level represents a strong support zone.
The projection indicates a potential bearish move from the current price level down to the support zone around 1.7800.
The primary target is around the 1.7800 level.
EURNZD to continue in the upward move?EURNZD - 24h expiry
Our short term bias remains positive.
Setbacks should be limited to yesterday's low.
We look to buy dips.
20 4hour EMA is at 1.7921.
There is no clear indication that the upward move is coming to an end.
We look to Buy at 1.7928 (stop at 1.7878)
Our profit targets will be 1.8048 and 1.8068
Resistance: 1.7978 / 1.8061 / 1.8100
Support: 1.7925 / 1.7900 / 1.7870
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