EURNZD repetitive pattern for LONG entry
This EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
Nota
price made a pullback as expected respecting the previous pattern perfect and price,on 28.10
closed above the previous swing high indicating good pottential for more upward movement.It might be a good idea to move the stop loss to a breakeven level or reduce it by a certaing percentage at least.The structure looks solid enough.
Dagangan aktif
fair to say it's a good trade ,price didn't go into negative even a single bit and has almost hit the profit target completely Dagangan ditutup: sasaran tercapai
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.