The808Trader
Long

EUR/NZD - Ichimou Drawback Setup

FX:EURNZD   Euro / New Zealand Dollar
If you're in the membership you'll recognize this setup from last week. We are looking at a drawback or early reversal setup with EUR/NZD. This is why we're watching on the 1 hour for a possible buy entry upon a breakout. My target is tenken sen on the daily but we may need to adjust the TP as tenken sen moves on the daily chart . If we fail to break up bullishly out of the kumo, this setup will become invalidated.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out