EURNZD - Retesting Resistance as Support - Long opportunity
Updated
Price broke in the past few weeks a strong resistance, and now it came back for a retest. Made two strong attempts to go down and was throw back up. Broke the downtrend line with a strong engulfing candle. I`m going long when price break the highest price of the last candle.
Note
Price found a downtrend line.. It would be interesting to put your stop loss on the break even point, or even close part of your position!Trade closed: target reached
Just beautiful.
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