PAIR:- EURNZD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- Dow Theory (making consecutive HH) + S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern + Bullish reversal candlesticks (highlighted in yellow)
Flipped from 50% fib levels, acting as a support
Bullish reversal candles (Engulfing & hanging man)
Following current trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.63298
SL:- 1.62500 @ LL
RR:- 1.7:1
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- Dow Theory (making consecutive HH) + S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern + Bullish reversal candlesticks (highlighted in yellow)
Flipped from 50% fib levels, acting as a support
Bullish reversal candles (Engulfing & hanging man)
Following current trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.63298
SL:- 1.62500 @ LL
RR:- 1.7:1
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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.