EURNZD FLY ROCKET HIGH LONG TIME
Bias Bullish
Fundamental Analysis
EUR is having resilient towards long side
NZD is very weak now.
Price Action:
Price rejected from H4 SR level. The rejection broke through H1 bearish TL & H1 resistance level. The buyers have come back into the market. Long bias is high probability
Confluence:
Higher TF (W/D/H4) - H4 SR level
Lower TF (H1/M30/M15) - Broken H1 Bearish TL & resistance level
Set up:
Long trade at Broken H1 SR level.
SL 2x ATR(20)
TP next Daily S/R level R:R 1:3
Fundamental Analysis
EUR is having resilient towards long side
NZD is very weak now.
Price Action:
Price rejected from H4 SR level. The rejection broke through H1 bearish TL & H1 resistance level. The buyers have come back into the market. Long bias is high probability
Confluence:
Higher TF (W/D/H4) - H4 SR level
Lower TF (H1/M30/M15) - Broken H1 Bearish TL & resistance level
Set up:
Long trade at Broken H1 SR level.
SL 2x ATR(20)
TP next Daily S/R level R:R 1:3
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