EURNZD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price at Long-Term Trendline (since Feb 2017)
- Price at Fibo 38% levels
- Price around Horizontal Trendline (since Jan 2018)
- Divergence of 8 EMA and 50 EMA quite wide
- Stochastic Oversold momentum
Suggested Trade:
Entry @ Area of Interest 1.6610 -1.6750)
SL: 1.6464
TP: 1.1.7228
RR: Approx. 2.80 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price at Long-Term Trendline (since Feb 2017)
- Price at Fibo 38% levels
- Price around Horizontal Trendline (since Jan 2018)
- Divergence of 8 EMA and 50 EMA quite wide
- Stochastic Oversold momentum
Suggested Trade:
Entry @ Area of Interest 1.6610 -1.6750)
SL: 1.6464
TP: 1.1.7228
RR: Approx. 2.80 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
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FX @ GoMarkets bit.ly/GoMarketsFX
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Twitter Follow @ x.com/weekendanalyst
Twitter Community @ bit.ly/TweetAway
DM me to analyze any pair. :D