EURNZD may experience a downfall from the Bearish Order Block
Bearish Order Block: 1.79619 and 1.79393
EURNZD is nearing the Bearish Order Block, and there is a high probability that the price will drop after touching this level. Let's see how the price reacts, but the chances for a downward movement are strong. I’ve used the Smart Money Concepts (SMC) strategy to analyze this chart.
Entry price :- 1.79568
Take profit :- 1.78876
Stop Loss :- 1.80260
Bearish Order Block: 1.79619 and 1.79393
EURNZD is nearing the Bearish Order Block, and there is a high probability that the price will drop after touching this level. Let's see how the price reacts, but the chances for a downward movement are strong. I’ve used the Smart Money Concepts (SMC) strategy to analyze this chart.
Entry price :- 1.79568
Take profit :- 1.78876
Stop Loss :- 1.80260
Trade active
Trade activeTrade closed: target reached
TARGET REACHED! Enjoyy
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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.