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Nov 25, 2021 5:06 AM

Divergence signals and buying opportunities with EURNZD Long

Euro / New Zealand DollarFOREX.com

Description

H4 time frame.
Structure: Downtrend.
A divergence signal and a double bottom reversal pattern appeared at the support area of ​​1.61000.
The current price tends to break the Key level at 1.63500.
Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities.
Profit target is 1.66000 price zone.
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Wish you all have a good trading day!
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