ericson723

EUR/NZD Bullish channel Long till resistance

Long
ericson723 Updated   
FX:EURNZD   Euro / New Zealand Dollar
Strong Uptrend Channel

Idea 1: Consolidates some more (decently small range) then trend up to resistance line
Idea 2: Consolidates then medium-big sized bear candle, retest to support then next target @ EURNZD 1.76518
Comment:
Continued indecisiveness stay out and trade 3 bar play up or down
If it breaks major resistance 1.7729 with wide range bear candles at 15m, short to 1.76518 strong
Comment:
Strong bear resistance earlier but volume is going down substantially at 15m interval
Volume down with momentum increasing bullish :)
bears seem to be closing
bulls entering lets push it up
Trade active:
Watch 1.78113 level
hold at your own risk
and ofc Use Proper Risk Management!
Trade closed: target reached:
TP1 @ 1.78113 +57 PIPS hit
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