Trading Secrets #3-EURNZD – Bullish Signal Forming at 20 EMA

📈 EURNZD – Bullish Signal Forming at 20 EMA Support

EURNZD is showing a potential bullish continuation setup:

Price is trading above the 20 EMA, 50 EMA,
and 200 EMA, confirming a bullish market structure.

The latest candle is a spinning white top (small
body, upper & lower shadows) that
has touched the 20 EMA support zone.

This indicates temporary indecision,
but buyers are still defending the moving
average, suggesting strength.

🟢 Bullish Bias:
As long as the price stays above the 20 EMA,
buyers remain in control.

A break above the high of this spinning
top candle could confirm momentum to the upside.

⚠️ Invalidation Level:
A strong close below the 20 EMA would
invalidate this bullish setup and could open

the door for a deeper pullback toward the 50 EMA.

Key Levels to Watch:

1. Support: 20 EMA dynamic zone
   
2. Resistance: Recent swing high
   
3. Trend: Bullish above 50 EMA and 200 EMA
   

💬 For educational purposes only, not financial advice.