Hello traders, hope you all are having a nice time in the market..?
Here on EURNZD previous to my calls to buy earlier yesterday around 1.7170 the euro gained strenght and later retraced into the major support area of 1.7160 leaving us with a nice W formation at the Monthly lows, further to this, i plotted the MACD on the chart and discovered some Divergence.
Took some Buy positions around 1.7160 with stops at 1.7100 we expect to see this trend continue to the upside atleast in the next couple of days into 1.7320 area.
Goodluck and Happy Trading
SMcapitalFX
N.B You can follow us on Telegram with the link below for more insight to these trades
t.me/joinchat/AAAAAEHHTHG5k2p82v1gYA
Follow us on IG: @smcapitalfx
Like and comment your opinions below
Here on EURNZD previous to my calls to buy earlier yesterday around 1.7170 the euro gained strenght and later retraced into the major support area of 1.7160 leaving us with a nice W formation at the Monthly lows, further to this, i plotted the MACD on the chart and discovered some Divergence.
Took some Buy positions around 1.7160 with stops at 1.7100 we expect to see this trend continue to the upside atleast in the next couple of days into 1.7320 area.
Goodluck and Happy Trading
SMcapitalFX
N.B You can follow us on Telegram with the link below for more insight to these trades
t.me/joinchat/AAAAAEHHTHG5k2p82v1gYA
Follow us on IG: @smcapitalfx
Like and comment your opinions below
