TradingView
The808Trader
Nov 18, 2018 5:00 PM

EUR/NZD - Ichimou Drawback Setup Long

Euro Fx/New Zealand DollarFXCM

Description

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.
More