EURNZD has been fairly volatile the past few months but great for trading these ranges of ups and downs.
I will be looking to buy the price once we have the last confirmation: Bull Candle above the red up trend line (green rectangle box).
We already have the following indicators for a north movement.
1. Weekly up trend line holding strong and price has tested and rejected this level. (yellow rectangle) 2. Weekly and Daily RSI in strong buy zone. 3. *Waiting for bull candlestick to enter.
Patience is crucial in Forex, this will be a lucrative trade once we have the right indications.
Good luck and let me know if I can help in any ways!
Charles V CVFX Management Trading made Simple 2020 Growth: 206%
Note
Price is right on the backside of the up trend line. Wait for a break above to start buying.
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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.