EURNZD 300819
Beautiful HTF setup
Wait for clearer sign of rejection of 1.7500 to short
Long term target: 1.6230
Wait for clearer sign of rejection of 1.7500 to short
Long term target: 1.6230
Note
A very nice long term setup forming as typical head & shoulder pattern.Price at very strong supply zone!
Note
Wow, if you sell at prev 1.7500 zone, congrat!! and well done!now PA is pullback after 3 months straight bear pressure...
watch any supply zone reaction as price come up fast in smaller timeframe
Note
PA had bound up and down forming a very strong support zone above EMA..changing direction to upside..
As NZD doesn't seem very attractive to store up compare with EUR
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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.