EURNZDLooking for EN to retest the 4H resistance according to the current bullish momentum and bounce from previous Structure Resistance turned Support at 1.7180.
Anticipating this 7:00am 1H candle to close bullish as previous candles last days at the same time.
4H
1H
Trade closed: stop reached
This 30min and 1H close didn't give the time to manage the trade .. it was a heavy bearish candle that closed below previous ones. .. Noticing from that, entry was at the LH formed after this bearish 1H candle ..Still bias is bullish as long as we are above 1.7180, and the coming 4H close is crucial for confirmation.
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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.