EURNZD - Bearish Rising Wedge 📉Hello Traders!
On The Daily Time Frame, The EURNZD Broke a Support Level !
The Price Formed a Rising Wedge Pattern !
The Support Line of The Wedge is Broken🔥
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 1.75750🎯
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EURNZD
EURNZD: Continued weakness expectedFundamentals out of the Eurozone last week were not good, in particular the data coming out of France.
NZD is looking strong against all crosses at the moment.
From a technical perspective this cross has broken out of its channel to the downside, and now broken the ascending trendline on the weekly and looks to have retested it.
All things suggest to me that this is going to fall further, I'll be looking to get in on a LTF with a first TP of 1.773 and a second at 1.755, depending on how price reacts to my support box.
EURNZD H4 | Reacting off resistance?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.7819, which is an overlap resistance that aligns with 61.8% Fibo retracement.
Our take profit will be at 1.7688, a multi-swing low support level. The stop loss will be placed at 1.7908, which is an overlap resistance level.
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EURNZD Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The instrument tests an important psychological level 1.7733
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7891
Recommended Stop Loss - 1.7639
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURNZD I Scalp & intraday opportunity 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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EURNZD - Looking For Buy Setups ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURNZD has been overall bullish trading inside the rising wedge pattern in red and it is currently approaching the lower bound / red trendline.
Moreover, the zone 1.77 is a strong support.
🏹 So the highlighted red circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURNZD approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNZDEURNZD is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge.
Currently the price is forming a local support around 1.7725 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
eurnzd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The price is coiling around a solid key level - 1.7826
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7954
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Eurnzd likely more downside, waiting for pullbacks**Find out more from my Tradingview Stream this week**
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURNZD 24/9/23EN is by far the most simple setup we have here on this Sunday markup, a clear break of SWL structure giving us a bearish setup with good confluence, the C-Swing POI played us higher at the end of Fridays session so we should be able to grab the highs created by this move as we come into Sunday/Monday sessions, sells from our swing POI would be ideal as we always say, but for sure we are looking for some open entries to follow the possible counter trend move higher or even a trending move lower.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
✅EUR_NZD SWING LONG🚀
✅EUR_NZD is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 1.8000
LONG🚀
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EURNZD My Opinion! BUY!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.7851 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8003
Recommended Stop Loss - 1.7778
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURNZD I Potential pullback short continuationWelcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!