I'd like to start off by saying that I am not an experienced trader whatsoever, and this is simply an idea I'd like to post and receive constructive criticism on. On the 4H chart view, a I identified a downward trend, as well as what appears to be the formation of a double top. I also identified a "3 Bullish Soldier" pattern near the top of the second top, before...
This is my chart analysis behind the EURNZD long position I'm currently in. On the chart, you can see major confluence around the 1.73500 level, which is a key level.
We can see the pair break the support, then retest before continuing to go up. My exact entry was at 1.73547.
Although I don't rely heavily on indicators, all 3 of my indicators (2 MA & 1 EMA) show...
