EURNZD Possible Buy Setup:
- wait and monitor closely for now
- watch for break of trend to the upside (should show flag on lower time scale above trend line for confirmation)
- if it goes back down below 1.47123, then set up is invalid and Daily level structure is still continuing E wave
- if it falls below 1.46922, then we are still in the C wave of the Monthly structure
Note
Note
updated structure analysis on the Daily level:Note
updated structure analysis on Hourly level:Note
Updated structure analysis on 4 Hourly level:
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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.