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Trader-Mick
Jan 17, 2016 12:49 PM

EURNZD TCT ( RSI HIDDEN BULLISH DIVERGENCE + STRUCTURE) Long

Euro Fx/New Zealand DollarFXCM

Description

Hey there guys! Since I have a sell setup in NZDUSD at CMP, I am looking to buy EURNZD. The price action coming back to previous structure zone. Making a correction after the impulse leg. I am expecting an upside move from the structure zone area to touch the retest of the impulse. Price acton also trading above the EMA's thus indicating a bullish bias. We also see a RSI hidden bullish divergence formation.

Trade active

Comment


Price making a good reversal.

Comment

Move the stop loss to entry point!
Impulse forming nicely about to fill the gap.

Trade closed manually

Breakeven hit.

Comment

Expected Targets were reached
Comments
IvanLabrie
(I took a similar long today, well done)
Trader-Mick
Thank you bro! appreciate it
gaben1980
Thanks for posting! Great Analysis:)
Trader-Mick
Thank you!
KVE
Nice one!
Trader-Mick
Thank you man!
yossih
Thank you!
Trader-Mick
Welcome!
vrcnicholas
Good analysis. Thanks
Trader-Mick
Welcome my pleasure!
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