EURNZD - Long trade plan - ready for a big upmove
We believe that
EURNZD
is ripe and ready for a big impulsive movement to the upside.
Buy opportunity range between the 1.562 - 1.564 area.
SL below 1.56
Target in the 1.88 area (medium term)
If you prefer operating more on the cautious side, wait for a first impulse on the 60min timeframe, follow the consequent minor correction or flag, and buy the break of the flag.
Updates will follow.
Trade with care and only with a tested strategy.
Please don't forget to follow us if you feel that our comments and charts can be a useful complement to your trading strategies.
EURNZD
is ripe and ready for a big impulsive movement to the upside. Buy opportunity range between the 1.562 - 1.564 area.
SL below 1.56
Target in the 1.88 area (medium term)
If you prefer operating more on the cautious side, wait for a first impulse on the 60min timeframe, follow the consequent minor correction or flag, and buy the break of the flag.
Updates will follow.
Trade with care and only with a tested strategy.
Please don't forget to follow us if you feel that our comments and charts can be a useful complement to your trading strategies.
Commento:
Two things might be happening. It is either going to finish a smaller 60min structure, as per the following:
Commento:
Or it could be a bigger structure in the making, on the daily, something like this: