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Eurnzdshort

💡Don't miss the great sell opportunity in EURNZDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7071). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 1.6881 TP2= @ 1.6822 TP3= @ 1.6721 TP4= @ 1.6653 TP5= @ 1.6535 SL: Break Above R2 ❤️ 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 / Crypto 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
by ForecastCity_World
4
💡Don't miss the great sell opportunity in EURNZDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7071). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 1.6881 TP2= @ 1.6822 TP3= @ 1.6721 TP4= @ 1.6653 TP5= @ 1.6535 SL: Break Above R2 ❤️ 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 / Crypto 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
by ForecastCity
4
EURNZD 4Hr Short! As charted earlier, price Failed at Resistance 1.73619. It is right to not overlook or under-estimate a retest at 1.73619 | 1.76831 zone for Short entries. HOWEVER, recent price action suggests areas where price is likely to Experience Tests and highly likely FAIL so as to seek new Buyers at listed Target zones and finally drive price UP to new upside Targets 1.76823 | 1.81826 zone. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you, Happy Trading.
Short
by legacyliked
EURNZD Daily Short! Overview: 1.70809 | 1.77529 is a rejected Buy-zone looking as far out on Monthly timeframe. Price is currently trading inside multiple Caption/ Sell-zones: 1.70042 | 1.71501 and 1.69167 | 1.70367 zones. EUR has Major news no more than 4hrs from now for potential price volatility. Sell Entries should be inside Caption prices for target zones 1.67230 | 1.66136 and potentially down to expected Buy-zone 1.64572 | 1.63422 More conservative traders likely to hold Sells through 1.58043 | 1.53842 zone. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...)
Short
by legacyliked
6
EURNZD: Try to Short this interesting daily Channel!Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/NZD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies. Daily timeframe: 4 hours timeframe: Since the last April, the price has been following an interesting downtrend, shifting few times the value area. Analysing the last bullish intraday impulse, the market got a good corrective move around the price control (usually expected considering the price control as an area with high trading activity). In lower timeframe, is possible paying some attention on the last impulse, that compared with the previous one is definitely losing momentum. However , although the price reached a previous key level formed on September 2021, the price could get some more move up till the higher line of the value area. When, where and why would I step into the market? Considering a daily downtrend with the most trading activity on the lower value of the area, I would be looking for a short term position. The intraday impulse seems exhausted , but before planning my short position, I will be waiting for the price to reach the higher value, clearly looking for a rejection and reversal price action with a RRR of 1:2 or greater. My SL would be placed above the swing high (in case of good rejection) and the first TP around the price control. If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Short
by UnknownUnicorn18552923
35
EURNZD 1H TF Price tested the upper trend line in the channel. A Head & Shoulder pattern is formed and I want to see price complete the pattern. 1) The 10 EMA has crossed the 20 EMA on the 15m, 30m, and about to crossover on the 45m and 1H TF. 2) The RSI and MACD (bearish crossover) on the lower timeframes suggest a short-term bearish trend. EURNZD is bullish on the Daily and Weekly timeframe, so price can continue to the upside ( you can't predict how deep a pullback can be). Hoping to hit this target in the next few hours. Then go long later in the session. Pls like & follow if you find this helpful.
Short
by PipWisperer