Possible Buy Opportunity on EurNzd
Another Euro pair of interest seems to be EurNzd. To start off on the daily timeframe, price has recently rejected off of the long-term non-horizontal support level following with bullish market structure. This could be identifying some type of trend reversal towards the upside.
Looking at the 4H timeframe, we could notice that price has just recently broken a significant level, while coming back to retest. Just waiting for some bullish rejection at this point.
That brings me to the last and smallest timeframe, which is the M15. This timeframe is a HUGE help with identifying if price is rejecting from the level or not. I'll be waiting for price to make a bullish push past the recent swing high, before executing a buy order. I have my alert set right at the swing level to prompt me.
Looking at the 4H timeframe, we could notice that price has just recently broken a significant level, while coming back to retest. Just waiting for some bullish rejection at this point.
That brings me to the last and smallest timeframe, which is the M15. This timeframe is a HUGE help with identifying if price is rejecting from the level or not. I'll be waiting for price to make a bullish push past the recent swing high, before executing a buy order. I have my alert set right at the swing level to prompt me.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.