EURNZD LONG TREND FOLLOWING
EURNZD BUY
ENTRY 1.7340
SL 1.7900
TP 1.80776
The market trend is bullish, and it is moving in a higher high and higher low pattern. On October 9, the market made a new high, and now it is retesting the last resistance, which is now our support on the daily chart.
On the 1-hour chart, a double bottom pattern has formed, and its neckline has broken out. We took the trade on the retest
ENTRY 1.7340
SL 1.7900
TP 1.80776
The market trend is bullish, and it is moving in a higher high and higher low pattern. On October 9, the market made a new high, and now it is retesting the last resistance, which is now our support on the daily chart.
On the 1-hour chart, a double bottom pattern has formed, and its neckline has broken out. We took the trade on the retest
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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.