EURNZD: Classic Fibonacci Confluence 🇪🇺🇳🇿

snapshot

EURNZD retraced to a peculiar confluence zone:
we see a perfect match between a horizontal demand cluster,
618 & 382 retracemenets of the last two bullish impulses.
In addition to that, the price formed a bullish engulfing candle approaching that structure.

I expect growth.

Goals:
1.69
1.70

❤️Please, support this idea with like and comment!❤️

Candlestick AnalysisEURNZDFibonacciforecastpriceactionSupply and DemandTechnical Analysistrader

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer