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Profound_Ambition
Nov 30, 2017 10:56 PM

EURNZD 4H Long

Euro Fx/New Zealand DollarFXCM

Description

The bulls continue to march, now price has broke its high base resistance many people thought it was a triple top & got stopped out. I waited to see how price would react to this zone once reaching it again & surely it broke though. The uptrend continues !

Comment

30 min chart: watching for a break & close above lower time frame resistance

Comment

Comment

trade not taken, more confirmation is needed

Comment

will watch price at the bottom of its channel
Comments
khalidaldarawy
Where do you place SL and why?
Profound_Ambition
@khalidaldarawy, I would place it under 1.73600 because it would be under the moving averages & below my counter trend line / resistance. If the CTL breaks I would see price potentially reversing
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