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ProjectSyndicate
May 3, 2021 8:27 AM

EURNZD D1: H*S in progress final TP BULLS +1000(UPDATED) Long

Euro Fx/New Zealand DollarFXCM

Description

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EURNZD D1: H*S in progress final TP BULLS +1000(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: EURNZD 1days/candle chart review
::: updated/revised outlook
::: H*S setup in progress
::: setup still valid right now
::: you can still BUY/HOLD TP +1000 pips
::: previously recommended shorting it
::: previous setup already hit TP levels
::: SWING trade at +900 pips already
::: now risk:reward is shifting BULLS favor
::: BULLS BUY/HOLD excellent SWING trade
::: final TP BULLS is +1000 pips
::: target bulls is Right Shoulder of the pattern
::: not for short-term traders
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
TheTradersAvenue
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great explanation mate thanks
TradingDragonFX
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nice idea - i like the weekly bullish hammers on this one
lmulhare
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@TradingDragonFX, Nicely spotted. Great to have someone watching the bigger timeframes. Thanks for sharing, ProjectSyndicate. :)
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