EURNZD WAIT FOR TRIGGER
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/NZD BULLISH REVERSAL FORMED!
As we can see price is sitting around a massive support zone, where we will be looking for new bullish reversal!
However, price is still overall clearly bearish making clean lower lows and lower highs,
And for the bulls to kick in and prove control, we need a momentum candle close above the marked swing high, then a movement higher would be expected.
1-2 Risk To Reward Ratio from a risk management perspective.
Until that price is still overall bearish and price can still trade lower and lower before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EUR/NZD BULLISH REVERSAL FORMED!
As we can see price is sitting around a massive support zone, where we will be looking for new bullish reversal!
However, price is still overall clearly bearish making clean lower lows and lower highs,
And for the bulls to kick in and prove control, we need a momentum candle close above the marked swing high, then a movement higher would be expected.
1-2 Risk To Reward Ratio from a risk management perspective.
Until that price is still overall bearish and price can still trade lower and lower before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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