Downloading...
Euro / New Zealand Dollar
Long
Updated

EURNZD: Bullish Shift and Institutional Re-Entry from Support

63
Greetings Traders,
In today’s analysis of EURNZD, we observe that institutional order flow on the H4 timeframe has recently shifted bullish. This alignment now provides us with a clear bias to seek buying opportunities in line with the predominant higher timeframe trend.

Higher Timeframe Context:
The weekly timeframe is currently delivering bullish order flow. With the recent bullish market structure shift (MSS) on the H4, we now have confluence across both timeframes, which strengthens our confidence in seeking long setups on lower timeframes.

Key Observations on H4:
  • Sell Stop Raid & Structural Rejection: Price action recently swept sell-side liquidity, a typical behavior indicating institutional order pairing. Following this, price attempted to move lower but failed to break the previous low, instead being supported by a Rejection Block. This led to a bullish market structure shift—our key signal of trend continuation.
  • Mitigation Block Entry Zone: Price has since retraced into a Mitigation Block—an area where previous institutional selling occurred. The purpose of this pullback is to mitigate earlier positions and initiate fresh buying orders. This now becomes our zone of interest for potential confirmation entries towards the upside.


Trading Plan:
  • Entry Strategy: Look for lower timeframe confirmation entries within the H4 Mitigation Block.
  • Target: The objective is to target the H4 liquidity pool residing at premium prices, aligning with the discount-to-premium delivery model.


For a detailed market walkthrough and in-depth execution zones, be sure to watch this week’s Forex Market Breakdown:


As always, remain patient and disciplined. Wait for confirmation before executing, and manage your risk accordingly.

Kind Regards,
The Architect 🏛️📈
Trade active
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.