EURNZD long!
Hi guys,
As you can see this particular pair has had a tremendous bearish run and now at a key level where historically this pair has reacted and acted as support and resistance. RSI is also seriously oversold and we are about see a bullish engulfing candle on the 4h chart. I have gone long on this pair and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
As you can see this particular pair has had a tremendous bearish run and now at a key level where historically this pair has reacted and acted as support and resistance. RSI is also seriously oversold and we are about see a bullish engulfing candle on the 4h chart. I have gone long on this pair and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.