EURNZD Breakout Setup Bull flag and already breakout done looks good while holding support .
Taking this setup
12 hour has really bad ichimoku resistance need to close above first
But waiting for market to open not adding order wait for market to warm
Long : 1.7427 at this good only for risk taker only
Eurnzdforecast
EURNZD Bearish Channel 4HThe pair is in a well identified downtrend. Chances are high that it will return to the bottom of the bearish channel, where it would be an excellent opportunity to take profit and close bearish positions for this time frame.
Remember to be prudent in your strategies correctly placing the stop loss to protect bigger losses.
For more information you can contact us.
SmartSoftwareTechnologies.com
EURNZD H4 LONG PRICE ACTION FORECAST With the EUR bullish across the board, the EURNZD pair allows the setup of a long entry after finding rejection from a strong support level and forming a double bottom. Price action is heading towards the resistance line for the descending channel where it has been trading.
The order:
Type: buy-stop
S/L: 120 pips - R:R | 1:2 -
T/P: resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***