EURNZD Long Bias
Hello traders,
A swing idea here..
The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish)
I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there.
Trade safe guys! Wishing you a great week ahead.
A swing idea here..
The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish)
I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there.
Trade safe guys! Wishing you a great week ahead.
Note
Update: I am still not in the trade. As there is NZD news in few hours, we may see a spike down into the demand again. This would be the best way to enter, however, big SL.
I will not personally enter yet. I will wait and watch.
Note
Quick update.I still can't see a clear LTF confirmation entry on this pair, therefore no entry for me yet..
Worst case scenario, if this demand zone breaks, I will monitor the one below. In general, I still stand by my bias, and will buy this pair when the confirmation appears on the chart.
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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.
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.