Trade idea - EURNZD Long
Updated
4H
Market was moving in Bull Flag formation.
3rd touch of trend line was aligning perfectly with the -68 Fibonacci.
Missed the early entry on this trade.
New opportunity now to get involved.
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
1% risk
Market was moving in Bull Flag formation.
3rd touch of trend line was aligning perfectly with the -68 Fibonacci.
Missed the early entry on this trade.
New opportunity now to get involved.
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
1% risk
Note
MONTHLYDouble bottom pattern potentially in play.
Clear support & resistance zone is there.
Note
DAILYBullish impulse / High: indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Ascending trend line holding up price.
Trade active
Note
Running risk free.Trade closed: stop reached
Out at BE
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