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Profound_Ambition

EURNZD 2H

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Profound_Ambition Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Support and Resistance Supply and Demand EURNZD euro kiwidollar Supply Zone Double Bottom lowerhigh downtrend pullback
6
3
trendanalysis supportandresistance supplyanddemand eurnzd euro kiwidollar supplyzone doublebottom lowerhigh downtrend pullback
Looks like a potential double bottom off strong daily support, waiting for a daily closure for potential longs. I would now be buying the pullback (lower high) completion before a potential new low..
Comment:
snapshot
price seems to be respecting daily support, waiting for a bullish engulfing candle breakout to go long
Comment:
snapshot
descending triangle breakout, price looks to have broke support, could be coming up for a retest now before continuation down
Comment:
false breakout on the 1h, thats why its always important to wait for a 4 hour close to prevent this.. Lesson noted !
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