EURNZD | Closing to Support Zone
Please support this idea with LIKE if you find it useful.
Initiate Long.
1 Scenario
Entry - 1.66995
TP1 - 1.68291
TP2 - 1.68947
SL - 1.66660
2 Scenario
Entry - 1.66354
TP1 - 1.67559
TP2 - 1.68200
SL - 1.65989
Reason: Currently price facing decline due to rejection, the trade suppose retracement at least from one of the support zones. How to choose of two scenarios - RSI should be in oversold zone when price find one of the support.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Long.
1 Scenario
Entry - 1.66995
TP1 - 1.68291
TP2 - 1.68947
SL - 1.66660
2 Scenario
Entry - 1.66354
TP1 - 1.67559
TP2 - 1.68200
SL - 1.65989
Reason: Currently price facing decline due to rejection, the trade suppose retracement at least from one of the support zones. How to choose of two scenarios - RSI should be in oversold zone when price find one of the support.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.