PAIR:- EURNZD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- Dow Theory (making consecutive HH) + S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern + Bullish reversal candlesticks (highlighted in yellow)
Flipped from 50% fib levels, acting as a support
Bullish reversal candles (Engulfing & hanging man)
Following current trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.63298
SL:- 1.62500 @ LL
RR:- 1.7:1
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- Dow Theory (making consecutive HH) + S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern + Bullish reversal candlesticks (highlighted in yellow)
Flipped from 50% fib levels, acting as a support
Bullish reversal candles (Engulfing & hanging man)
Following current trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.63298
SL:- 1.62500 @ LL
RR:- 1.7:1