H4 - Bullish trend pattern followed by double wave correction.
Most recent downtrend line breakout.
Higher highs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Original Analysis
Broke through Resistance level of 1.60593 at 21-Apr-09:00 2022 GMT
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Hi TRADERS this is my trade set up for the EUR/NZD
i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zones and will be looking for a buy trade only if it meets your criteria for a trade then execute
KEEP A CLOSE EYE ON 4HR AND 1HR CANDLESTICKS, PREFERABLY THE CLOSE OF NEXT 4HR CANDLESTICK 6PM UK TIME
This is my analysis only please trade with...
EURNZD AFTER MANY STRUGGLES WENT DOWNWARDS..NOW THE PRICE IN MAJOR DAY LEVEL SUPPORT AND WEEKLY SUPPORT ZONE ...
WAIT FOR CONFIRMATIONAND THEN GO LONG...
IF PRICE FAILS TO MOVE UP THEN GO SHORT....
... Short but for now, it is definitely over-done. Buy it up!
... and they're gonna Stop Hunt this before it goes into full retreat!
Here is the Weekly;
... so be careful!
The impulse move has completed, confirmed with RSI divergence oF wave 3 and 5 endings, I recommend buying the correction,
Target is 38.2 Fibonacci level of the five-wave swing down
Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/NZD: Daytrade-Execution
Market-Buy-Order: 1,80920
Stop-Loss: 1,80540
Target 1: 1,81310
Target 2: 1,81460
Target 3: 1,81720
Stop-Loss: 37 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,21
LEAVE A...
