EURNZD Long Opportunity
Hello all,
I believe we are seeing a long opportunity on EURNZD for a few reasons:
1) Retest and rejection of demand zone starting at 1.7225
2) Bearish Wedge on 1H with strong Bullish momentum, still in a continued uptrend, confluence
3) On 15M strong minor support at 1.7243
4) D1 possible bullish wick fill
Risk Reward: 1.83, TP1 and TP2 at beginning of supply zone @ 1.7340. Will leave additional position running.
I believe we are seeing a long opportunity on EURNZD for a few reasons:
1) Retest and rejection of demand zone starting at 1.7225
2) Bearish Wedge on 1H with strong Bullish momentum, still in a continued uptrend, confluence
3) On 15M strong minor support at 1.7243
4) D1 possible bullish wick fill
Risk Reward: 1.83, TP1 and TP2 at beginning of supply zone @ 1.7340. Will leave additional position running.
Trade closed: target reached
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