This pair has been trading in the range since past few days, also we can see the bearish impulsive move on the left which was caused in the zone of 1.80178. we can open a short position keeping the SL at 1.80653 and target 1.78516, achieving 1:2 RR
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EURNZD Buy Trade Signals
its current downtrend expecting to swing market from the next support area as we mark in the chart if the market made nice bullish candle on the support area that is a very good opportunity for buyers with good risk rewards
EURNZD BULKISH FORECAST
ACTIVE ON H4, D1, & W1 AND MAY KEEP GROWING TILL 2023
EURNZD has been trading within ranging boundaries from 1.60771 to 1.82200 all during the time of Sep 2018 to sep 2022 weekly TF gave this view.
Market has respected these zones, but we have falling trend channel which as well been respected since 1.87929 to the lowest level of...
We forecasted and shared our view of EURNZD , where we spotted this WYCKOFF Distribution Schematic.
And as per our analysis the market dropped immediately 😍
From the analysis -
We got 150+ Pips with 1:5.5+ Risk To Reward Ratio!!
Hope you all are doing good!!
I expect EURNZD to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve...