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TheForexSamurai

H4 - LONG for 3,600+ pts to TP 3 with 1:7 RRR (w4c)

Long
Euro / New Zealand Dollar (FX:EURNZD)  
TheForexSamurai Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns
5
0
trendanalysis harmonicpatterns chartpattern
An opportunity to buy/long in this market. We got structure retest on previous resistance that could maybe be now a support, we got divergence as well, market on the oversold level, a potential bullish AB=CD confluence to the 61.8% of previous swing before market creating a new high as per our TCT PRZ setup and a potential trendline (diagonal support). We could wait for further confirmation before going long and stops just below as seen on the chart. Trade at your own risk and with care, good luck in the markets.
Comment:
On the 15 minutes TF. We also got this, but ill be cautious as market will just be opening. probably we could see new prices in the markets (such gaps or the like).
snapshot
Comment:
If taken the 15 minutes setup TP is already taken.
snapshot
Trade closed: target reached
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