Eurnzdlong
EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 100%, 127.2% Fibonacci extension and horizontal pullback support. We could see a bounce and further rise towards 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also holding above the ascending trendline support, as well as price, showing signs of further bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement , 161.8% Fibonacci extension and horizontal overlap support. We could see a bounce and further upside towards 1st resistance, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback resistance. RSI is also showing signs of bullish pressure, in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD we are now in buys 📈⬆️🤞🏻Entry details are shown on the chart.
We're only looking for TP3.
I covered the previous sell trade in an idea earlier this week.
This trade has now closed for a profit as the 'buy' opportunity has presented.
Trade history can be seen below this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
EURNZD Long This is a VERY promising setup .
Daily Timeframe is getting ready to close above daily resistance . Much greater confluence than any smaller time frame. 4hr is Great and Daily TF is exceptional. Daily Fibonacci shows potential retracement off of the Daily Golden Zone and 15 M Fibonacci drawn as well for tighter Entry and Stop Loss.
TP/SL indicated in chart
EURNZD – looks ready to confirm a bullish trend . week of 26 AprThis pair snapped out of the downtrend about 2 months ago and made a nice move up on 23 March. As the daily chart above shows, it lost all momentum over the next couple of days and has been consolidating between 1.667 and 1.6975 since then. The bulls however still are very much in this even though their previous attempts to break out above (during 7-11 April) did not succeed.
Moving on to the H4 chart, we can see the consolidation more clearly.
s3.tradingview.com
The overall trend is now bullish, so instead of waiting for a breakout to occur, I am looking to take a long trade at the bottom of this consolidation zone. If price does come down to the 1.667 region, it gives the possibility of a tight stop and a +4R trade.
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EUR/NZD New Free Long Setup Free 200 Pips After Confirmation 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
EUR/NZD Finally Closed Above Our Res And Long Setup Available 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
EURNZD Buy the dip.EURNZD - Intraday - We look to Buy at 1.6676 (stop at 1.6651)
We look to buy dips.
Pivot support is at 1.6670.
The previous swing low is located at 1.6668.
Preferred trade is to buy on dips.
We look for a temporary move lower.
Our profit targets will be 1.6749 and 1.6779
Resistance: 1.6720 / 1.6750 / 1.6770
Support: 1.6700 / 1.6670 / 1.6650
** EURNZD ** a quiet week for EN, one to watch into next week.Hi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone.
Evening all, gold trade currently open,
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.