Trade idea - EURNZD Long

Updated
4H
Market was moving in Bull Flag formation.

3rd touch of trend line was aligning perfectly with the -68 Fibonacci.
Missed the early entry on this trade.
New opportunity now to get involved.

Bullish impulse: indication .

Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

1% risk

Comment
MONTHLY

Double bottom pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
DAILY

Bullish impulse / High: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up price.

snapshot
Trade active
Comment
Running risk free.
Trade closed: stop reached
Out at BE
Chart PatternsEURNZDfxtradingpatternspriceactionstructuresupplyandemandzonessupportandresistancezonesTrend Analysis

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