EURNZD Trade idea long opportunity

Panjang

Euro / Dolar New Zealand (FX:EURNZD)

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FX:EURNZD Euro / Dolar New Zealand

chartpattern wedgepattern trendline bullflagpattern long eurnzd

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.

Komen:

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

Komen:

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

Komen:

Sorry I mean EURNZD. Haha

Komen:

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

Penafian

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