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#EURNZD 4H Long Idea
Euro / New Zealand Dollar
Long
#EURNZD 4H Long Idea
By TradeYodha
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Mar 11, 2015
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Mar 11, 2015
TradeYodha
(TradeYodha.com)
#EURNZD 4H Long Idea
1. price is oversold
2. 50 SMA is lagging behind
3. a retracement is expected
4. The zone has strong FIB confluence
Need to wait for a confirmation such as double bottom. 2 targets at 38.2 and 61.8 match with previous structures
Hope this give you some useful ideas. I would love to hear from you. Please leave your comments.
50sma
EURNZD
Fibonacci Cluster
Fibonacci Retracement
TradeYodha
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