EURNZD Uptrend - Elliot wave opportunity? 120pips

Updated
Uptrend - Higher Highs and Higher Lows

50 EMA providing good resistance - Entering at the 50EMA bounce upward through Pivot R1 up to potentially R2

Two trades 30pips Stop Loss, 30pips 1:1 and 3:1

Don't forget to risk manage - babypips.com/learn/forex/what-is-a-trading-plan

t > bizlus
Trade closed: stop reached
Note
A retrace to the pivot maybe, we'll seek re-entry later.
50ema-retestbizluselliotwaveanalysisexponentialmovingaveragesMoving AveragesPivot PointsTrend Analysis

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