Ochin_FX

EURNZD LONG TRADE IDEA

Long
FX_IDC:EURNZD   Euro / New Zealand Dollar
Hello Traders,

We could see that the price looks forming the ascending channel. however, it needs further development which confirming that recent support was solid before continuing their uptrends. Therefore I would prefer to wait for the candle closed above the zones highlighted before consider taking long within this setup.

Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________

***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.

_________________________________________________________________________________________________________________________________________

Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.


Thank you for your support!
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.