EURNZD Looking to Break Out of Another Key Level

21 dic 2020

• Major structure change is underway on this pair as price is bottoming out.
  
• Current level is very minor, but significant as price is looking to push higher.
  
• The previous breakout failure indicates that selling pressure remains rather weak.
  

[Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.]

22 dic 2020

Nota

Price taking off on the daily time frame. Next target plotted.