EURNZD H4 - LONG
EURNZD H4 - LONG
Initially, we have a bearish trend and it went into a consolidation period where prices are moving side ways, more of a falling channel/wedge pattern.
Current strength and momentum is bullish therefore, we are anticipating the breakout and retest confirmation for a LONG position
Drop down to the Lower Timeframe (LTF) for a BUY opportunity towards 1.72000 resistance area.
Initially, we have a bearish trend and it went into a consolidation period where prices are moving side ways, more of a falling channel/wedge pattern.
Current strength and momentum is bullish therefore, we are anticipating the breakout and retest confirmation for a LONG position
Drop down to the Lower Timeframe (LTF) for a BUY opportunity towards 1.72000 resistance area.
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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.