EURNZD has been fairly volatile the past few months but great for trading these ranges of ups and downs.
I will be looking to buy the price once we have the last confirmation: Bull Candle above the red up trend line (green rectangle box).
We already have the following indicators for a north movement.
1. Weekly up trend line holding strong and price has tested and rejected this level. (yellow rectangle)
2. Weekly and Daily RSI in strong buy zone.
3. *Waiting for bull candlestick to enter.
Patience is crucial in Forex, this will be a lucrative trade once we have the right indications.
Good luck and let me know if I can help in any ways!
Charles V
CVFX Management
Trading made Simple
2020 Growth: 206%
I will be looking to buy the price once we have the last confirmation: Bull Candle above the red up trend line (green rectangle box).
We already have the following indicators for a north movement.
1. Weekly up trend line holding strong and price has tested and rejected this level. (yellow rectangle)
2. Weekly and Daily RSI in strong buy zone.
3. *Waiting for bull candlestick to enter.
Patience is crucial in Forex, this will be a lucrative trade once we have the right indications.
Good luck and let me know if I can help in any ways!
Charles V
CVFX Management
Trading made Simple
2020 Growth: 206%
Comment:
Price is right on the backside of the up trend line. Wait for a break above to start buying.
