AuthenticTrader
Long

EURNZD High Probablity Buy Set up with Good Risk Reward

FX:EURNZD   Euro Fx/New Zealand Dollar
Lots of good things happening here. Price is at a key support level that has been confirmed previously by two Bullish Engulfing , and has confluence wit S1 pivot support. Two Bullish Engulfings have recently formed. RSI 2 indicates oversold, There was a close below the lower Bollinger Band . Stochastic has moved upend we have a break of resistance of an ascending triangle pattern.

No Major resistance levels until R1.

Risk is 1 to 1.8

Look at highlighted yellow square             for a similar set -up
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