Eurnzdshort
DeGRAM | EURNZD strong resistance EURNZD has reached a psychological resistance level of 1.68000.
Price could not go higher and, currently, bears are pushing price to support zones.
We are likely to see some price relief.
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DeGRAM | EURNZD strong resistance EURNZD has reached a psychological level.
We usually see some pullbacks or at least a sideways move at those types of strong levels.
The price is probably going to test the support levels and we might see some price relief.
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EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.6177 (stop at 1.6211)
The trend of higher lows is located at 1.6210.
A break of the recent low at 1.6180 should result in a further move lower.
Short term momentum is bearish.
Our profit targets will be 1.6086 and 1.6066
Resistance: 1.6250 / 1.6270 / 1.6300
Support: 1.6200 / 1.6170 / 1.6100
EURNZD SELLWe have our double top at the are followed by a push down and a flag on the 1H. The flag has a 3 touch structure with a corrective nature and above all, we got our candlestick pattern. all we waiting for is to be triggered into the position. Soon as we close at a 1:1 RR we move stop to entry.
EURNZD | BUY ON BREAKOUTEURNZD is looking in good bullish momentum, but currently price is standing at important level.
EMA100 - This ema has been reactive in the past as highlighted on the charts and price is filerting with it now. A break above will be more safest entry.
Horizontal Resistance 1.63312 - This resistance was the breakout level before consolidation and we see price resist or took support before moving on. Currently price is standing just under it.
Cup & Handle - On shorter time frame (4H) price is making a cup and handle pattern and break of cup will call for bulls.
Trade your levels accordingly.
Sell EURNZDOn the 1hr timeframe, a breaker block has been created to indicate that the order flow has changed on the lower timeframes. The order flow is now bearish.
The price should drop to the 50% level and more so that the Fair Value Gap that was created last week after the rally up can be filled halfway.
The high of Thursday which is also the low of Friday is my target price.
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EURNZD | BULLS DOMINATINGEURNZD | BULLS DOMINATING
EURNZD has been trading in bullish parallel channel, making higher highs and higher lows. The price action look promising as it breaks the horizontal level of resistance.
We are expecting bulls to continue their domination and push the price to much higher levels.
Trade your levels accordingly.