ddreamz

EUR/NZD buy

Long
ddreamz Updated   
FX:EURNZD   Euro / New Zealand Dollar
Hello,

Based on the daily chart, after 3 days of holding the price finally breached it with a strong candle between which becomes a new support. I will be looking for another buy opportunity on EUR but firstly I wanna see the sellers' performance ( pullback ) to the underlined zone. So, this is another pair in my watching list for the upcoming week.
Entries will be based mostly on price action (H4/H1 charts).

Comment:
Daily outlook:

Comment:
We can see a range in the H1 time frame. The price might not come to our recent daily breach before going up. The botm of this range now becomes an important area for a buy. I will not trade this if I don't get the discount and a decent spot to place an order.

Comment:

Aggressive pullback on its way. Still nothing to trade here.
Comment:
Looking for a test now and potential entry around the low.

Comment:
Too aggressive test phase. I will be watching this if it holds for a buy. If not I will wait more.

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