EURNZD Buy Signal
I'm looking to buy and apply proper risk management to my position size as you should as well.
EURNZD has shown me a few confirmations that its ready to continue its uptrend.
EURNZD has shown me a few confirmations that its ready to continue its uptrend.
- Recently broke a major downtrend on higher tf. Uptrend is here now.
- Old 4hr resistance level now has turned into potential support for continuation of the uptrend.
- 0.618 Fibonacci retracement level reached. -0.318 level has High probability of being next target.
my position:
entry 1.671
sl 1.664 (-70 pips)
tp1 1.692 (+210)
tp2 1.720 (+490)
*I'm watching the 5hr tf, similar to 4hr
Note
+90 pipsTrade closed: target reached
TP1 reached +210 pips.close. take partial.
TP2 still attainable
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.
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.