4H Level explanation
EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530
The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547
The upcoming news will not influence your orders within the mentioned period.
EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530
The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547
The upcoming news will not influence your orders within the mentioned period.
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.
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.