Yemi_Fx1 | Bullish Setup and opportunity on EURNZD
Happy New Week all,
One of the pair on my watchlist this week us the Euro/Kiwi. From a multiple time frame perspective, on Daily TF we can see an overall bullish continuation pattern, inside thus pattern price has made an impulsive leg, followed by a correction which is more visible on the 4HTF, and 1HTF as a descending channel.
This above signifies that a reversal is about to take place.
My overall bias in
EURNZD is Bullish. I am waiting for price to test and validate the bottom trendline in conjunction with the support level.
My entry will be
If you found this helpful please support your fellow trader with a like.
One of the pair on my watchlist this week us the Euro/Kiwi. From a multiple time frame perspective, on Daily TF we can see an overall bullish continuation pattern, inside thus pattern price has made an impulsive leg, followed by a correction which is more visible on the 4HTF, and 1HTF as a descending channel.
This above signifies that a reversal is about to take place.
My overall bias in
EURNZD is Bullish. I am waiting for price to test and validate the bottom trendline in conjunction with the support level. My entry will be
- Risk entry : To enter at the test of area of interest after the confirmation of a candle stick signal.
- Reduced -Risk Entry: Entering after the test and a formation of continuation pattern (Flag).
If you found this helpful please support your fellow trader with a like.
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.