EURNZD

Updated
Overall a Longtrade, but Hedgers have the interest to first close their open Short Hedge position before price will actually continue Long on the Daily - Weekly Timeframe. On the way to close their short position they are accumulating long positions.
This entry im taking here is kind of risky - best way to enter the trade is a 1H close below 1.64.
Manage your risk - dont get stuck in price consolidating further.
Cheers
Order cancelled
Just found out today is holiday, trade didnt trigger and is cancelled there wont be any moves today due to no volume :)
Trade active
Trade is valid again, ill take the trigger
EUREURNZDNZDTrend Analysis

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