EURNZD May 6th
EN is sitting on a 38.2 Daily Fib. Making me think it could make the pull back up 200 pips from my buy spot. I'm Waiting for a clear break retest to the up side on the lower time frames. Also looking back in history the 1.7000 level has been extremely strong. But on the lower time frames it's in a nice down trend. So if price breaks back into that zone below 1.7000 I'll be looking for the pull back as well.
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.