EURNZD - BULLISH BIAS
-Just an idea - *please do your own analysis prior to taking this trade if interested*
-Major Trend line Broken last week
-Bullish Correction in the making due to impulse move to the upside
-Price currently at trend line Channel Support + Retracement to 50% FIB pivot
-Highly probable to see Market make a bullish move to the upside
-For a more concise entry, do look at the lower timeframes for correctional analysis (Only risk 1% of your capital)
-Next Stop (TP) will be at FIB level 1.618 (1.7295)
-Major Trend line Broken last week
-Bullish Correction in the making due to impulse move to the upside
-Price currently at trend line Channel Support + Retracement to 50% FIB pivot
-Highly probable to see Market make a bullish move to the upside
-For a more concise entry, do look at the lower timeframes for correctional analysis (Only risk 1% of your capital)
-Next Stop (TP) will be at FIB level 1.618 (1.7295)
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.