EURNZD - BEARISH BIASEUR - BEARISH
1️⃣ German IFO declined as businesses grow more nervous with virus cases on the rise.
2️⃣ Main focus this week is ECB who is widely expected to be dovish as new restrictions curtail economic activity.
NZD - BULLISH
1️⃣ NZ successfully ends second wave with few new cases.
2️⃣ Market shrugs off wider NZ trade balance as imports rise.
======
TECHNICAL
======
- We're looking to short this pair on SBR level + SMA50 area on H1 chart. Also, EURNZD still in bearish mode.
Eurnzdshort
EURNZD SHORT- Dump from supply zone, expected retrace back up
and another dump.
- 1.75859 has acted as a good support level, increasing
the likelihood of price retracing once it closes around
this level.
- Entry set to bottom of the supply zone, with stop loss
just above the supply zone.
- Target will be the last lower lows.
EUR/NZD New Analysis And 250 Pips Are Waiting To Catch It EUR/NZD New Analysis And 250 Pips Are Waiting To Catch It
1- Closure Below Mean We Will Sell
2- Closure Above Mean We Will Buy
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: Daytrade-preparation!!! LONG 26/OCTEUR/NZD: Daytrade-preparation!!! LONG
#Swing
Eurnzd
Market-BUY : 1.77200
Stop-loss : Close Break 1.76800
Target1 : 1.78350
Target2 : -
📌 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!❤️
EURNZD Time to sell...EURNZD - sell now open.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
Free EURNZD Sell a Break Setup.EURNZD - Intraday - We look to Sell a break of 1.7778 (stop at 1.7805)
1.8775 has been pivotal. Rallies should be capped by yesterday’s high.
A higher correction is expected.
We look for losses to be extended today.
Bespoke support is located at 1.7780.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.7703 (75 pips) and 1.7676 (102 pips)
Resistance: 1.7830 / 1.7865 / 1.7880
Support: 1.7780 / 1.7730 / 1.7700
EURNZD - Day trade signal with Keltner & Rsi 22 Dec 2020The right screen is never predicting before. Just a the best result at the history for confident to using for Trade.
------------------------
Risk: 1%.
1. The Long signal is calculate by the RSI indicator crossover 70, wait to Buy when the price corrects and crossunders the Upper Keltner Channel.
2. The Short signal is calculate by the RSI indicator crossunder 30, wait to Sell when the price corrects and crossovers the Lower Keltner Channel.
3. Stoploss and Take Profit is calculated by Plus or Minus the Average True Range indicator from the Price Entry.
EURNZD Roadmapcurrently, we are seeing price testing the 1.8010 resistance level, we have room to go down for +230 pips if the seller manages to push the price to the 1.7775 support level, I will wait for price rejection occur on a lower timeframe before placing any sell order
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EurNzd outlookAfter reaching almost 1.8 important resistance zone, EurNzd dropped and found support in 1.76 old support zone.
Now the pair is correcting this move and I expect a new leg down after this correction.
Sell rallies is my strategy for this pair and a good place to search for selling opportunities is above 1.77
EUR/NZD SELL 1H 📉👋 Hello and welcome traders to another trade idea with Fobian
☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅
👉 WE have sell conformation:
- Trend was broken.
- EMA's give us SELL signal.
- Candle close below ASIAN session.
💡 Why should you follow our profile on TradingView?
Consistent chart updates
Clean charts
Short and long-term perspectives
Visually teaches you valuable lessons
High probability setups
Analysis on a wide range of major markets
SMASH that follow button! 👍
💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
EURNZD, 4hr tf, SHS pattern with ichimoku confirmationHello my friends,
Another nice setup come to my screener is EURNZD pairs.
It looks like there is a SHS pattern forming and we could see price rotate lower soon.
Price already broken below the neckline and we are now waiting for a bit retracement before selling this pair to the downside.
Notice also price below the kumo cloud and it is red colored. Parabolic SAR also swithced from below to above the price so we could say sellers are pressuring this pair.
Sell limit EURNZD 1.7745
Stop loss 1.7810
Take profit 1 at 1.7680
Take profit 2 at 1.7615
Take profit 3 at 1.7550
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck