EURNZD Trade idea long opportunity

We can see that price is in an uptrend on the daily chart. It has recently broken through a key daily level at 1.7628. Looking for price to find support within the bull flag around 1.7212. I would look for a buy around this area with and secure profits near previous support. I expect previous support to act as resistance and price to move back down to the daily trendline before making the big bullish move.

Nota

Price is now testing support. We need bullish confirmation before entering into a buy.

Nota

BTC holding support for the time being. Should hopefully make another push lower before heading for the breakout.

Nota

Sorry I mean EURNZD. Haha

Nota

Price is finally breaking out as we have been waiting for. Go to a lower time frame and prepare for a pullback entry.

BluePipSquad

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