Hey traders,
I'm currently looking at EURNZD as there is a clear inverted Head & Shoulders pattern, I'm expecting an uptrend soon so I am waiting patiently for the neckline to be broken before entering a long position.
I will be risking 1% of my capital and looking for 4-5% return.
Please feel free to use this idea (PLEASE ENTER AT YOUR OWN RISK)
If you find this helpful and would like more ideas
Please show some support and hit the like button
and also give give us a follow as it is much appreciated.
Good luck on your trading
I'm currently looking at EURNZD as there is a clear inverted Head & Shoulders pattern, I'm expecting an uptrend soon so I am waiting patiently for the neckline to be broken before entering a long position.
I will be risking 1% of my capital and looking for 4-5% return.
Please feel free to use this idea (PLEASE ENTER AT YOUR OWN RISK)
If you find this helpful and would like more ideas
Please show some support and hit the like button
and also give give us a follow as it is much appreciated.
Good luck on your trading
Note
Hey guysJust wanted to give an update on eurnzd, if we don't see price break the neckline, I suggest waiting for price to break and close below the left and right shoulder (break of the horizontal white line) before for any potential selling opportunities.
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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.