EURNZD 1H - Bullish Rectangle
Analysis:
EURNZD was in a bullish trend previously. Now the chart is printing a bullish Rectangle. If the price breaks above 1.74714, it will be a sign of bull trend continuation. In this case we can enter in a long trade. For this trade the stop loss will be at 1.72678.
------ Trade Plan ------
Type: Long
Entry: 1.74714
Stop Loss: 1.72678
TP1: 1.76750
TP2: 1.78786
EURNZD was in a bullish trend previously. Now the chart is printing a bullish Rectangle. If the price breaks above 1.74714, it will be a sign of bull trend continuation. In this case we can enter in a long trade. For this trade the stop loss will be at 1.72678.
------ Trade Plan ------
Type: Long
Entry: 1.74714
Stop Loss: 1.72678
TP1: 1.76750
TP2: 1.78786
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.