Zohaib_Malik
Long

EURNZD BUY SETUP SOON

FX:EURNZD   Euro Fx/New Zealand Dollar
119 8 8
EURNZD             LONG
THIS PAIR IS IN DAILY DOWN TREND CORRECTION! IT LOOKS A GREAT BUY SETUP SOON! I AM WAITING FOR THE BREAKOUT! MAYBE IT WILL BE A HUGE ONE IF IT GOES! SO LOOK FOR THE BREAKOUT AND GO TO LOWER TIME FRAME FOR ENTRY POINT!
THANKS
HAPPY WEEKEND TO ALL!
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Comment: One more down is possible
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Awesome analysis! How would you look for an entry point? Thanks!!!!
+1 Reply
Zohaib_Malik TradeBeat86
Thank you! Check update! :)
Reply
Thank you very much for taking the time to reply!! I'm starting with trading and I would love to learn more from you.
How should I buy the Breakout? Put a Buy on the line and wait? THANKS YOU VERY MUCH!!
Reply
Zohaib_Malik TradeBeat86
wait for the breakout pullback then buy!
Reply
Wait for the candle in 240 to close?
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Zohaib_Malik TradeBeat86
Yeah wait for the breakout confirmation then enter
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Sorry for my questions...! I'm not so experienced, so I wait for the 240 candle to close, then buy when the price keeps going upwards
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Zohaib_Malik TradeBeat86
if price close above the breakout line and fib level then go for a buy! Check pull back with fib and it also helps to check the breakouts!
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