Hey traders,
On the EURNZD we can see that we are getting closer and closer to the gap that formed a few weeks ago after the weekend. What usually happens is that these gaps turn into a great support area. Combined with the 61.8% Fibonacci retracement on the bigger timeframe, this seems like a nice setup.
Cheers!
On the EURNZD we can see that we are getting closer and closer to the gap that formed a few weeks ago after the weekend. What usually happens is that these gaps turn into a great support area. Combined with the 61.8% Fibonacci retracement on the bigger timeframe, this seems like a nice setup.
Cheers!
Trade active
Note
First target hit!
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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.
Related publications
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.