EURNZD
Trading Bias: Neutral / Bullish and Bearish options laid out
Technical Strategy: Rising Wedge (for short trade) vs Daily Support Channel (which may work as triple bottom on D1 timeframe for a long trade)
*Wait for price to break down and out of the wedge. If we break up and OUT of the wedge then will re-assess with a potential long scenario*
***EUR will most likely gap on the open due to Brexit volatility***
Trading Bias: Neutral / Bullish and Bearish options laid out
Technical Strategy: Rising Wedge (for short trade) vs Daily Support Channel (which may work as triple bottom on D1 timeframe for a long trade)
*Wait for price to break down and out of the wedge. If we break up and OUT of the wedge then will re-assess with a potential long scenario*
***EUR will most likely gap on the open due to Brexit volatility***
Trade active
Trade working really well. Consider locking in gainsTrade active
TP1 hit. Taking some gains here. 200 pips so far
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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.