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WHY BUY EURNZD:
PAIR HAS ESTABLISHED A STRONG SUPPORT ABOVE A KEY S/R LEVEL PAIR IS IN AN ACCUMULATION PHASE ON A D1 TIMEFRAME PAIR IS CURRENTLY IN A VERY STRONG DEMAND ZONE EURO MIGHT STRENGTHEN OR NZD WEAKEN IN COMING DAYS
R:R is usually good if setup eventually comes - it is in profit already based on early entry though. But you should trade with extreme caution. Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all. Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can not afford to lose.
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.
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.