Blue box reversal criteria:
- Previous resistance becomes support
- Fibonacci retracement 38%
- 4H EMA 200
- Daily EMA 100
- Historic trendline (sadly not so significant)
- Round number 1.67000
EURNZD is on a short-term uptrend but fundamentally a bit mixed signs. Also, the drop from the top has been too sharp, better would be a bit smoother downwards movements but let's see, it is still the area which is worth to mention and as usual, to get more secure entries - wait for bullish candlestick formation on the marked area!
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
- Previous resistance becomes support
- Fibonacci retracement 38%
- 4H EMA 200
- Daily EMA 100
- Historic trendline (sadly not so significant)
- Round number 1.67000
EURNZD is on a short-term uptrend but fundamentally a bit mixed signs. Also, the drop from the top has been too sharp, better would be a bit smoother downwards movements but let's see, it is still the area which is worth to mention and as usual, to get more secure entries - wait for bullish candlestick formation on the marked area!
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
Dagangan ditutup: sasaran tercapai
It was a perfect ride!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.