EURNZD: Great Trend-Following Trading Setup 🇪🇺🇳🇿

Long

Euro / New Zealand Dollar (OANDA:EURNZD)

OANDA:EURNZD Euro / New Zealand Dollar

supplyanddemand wedgepattern candlestick eurnzd euro priceaction priceactionanalysis priceactiontrading priceactionstrategy forextrading

EURNZD is retesting a major zone of demand.
Our confirmation to buy will be a bullish breakout of a falling wedge pattern on 1H time frame.
Then buy aggressively or on a retest with the initial target - 1.735.
Stop will lie below the lows of the wedge.

In case of a bearish breakout of a blue zone, the setup will be invalid.

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