EURNZD Long (wait for confirmation, long shot)
Let's wait for confirmation. But that could be a very good long term trade.
A double bottom could be in place. I'll be waiting for a top trend line breakout on the daily timeframe, enter long, then breakeven as soon as price reach to weekly trend line. If price cross above the weekly top trend line, then that could be it.
Entry: around 1.485
Target: TBD (use fib extension, and target main levels)
Stop: 1.467
A double bottom could be in place. I'll be waiting for a top trend line breakout on the daily timeframe, enter long, then breakeven as soon as price reach to weekly trend line. If price cross above the weekly top trend line, then that could be it.
Entry: around 1.485
Target: TBD (use fib extension, and target main levels)
Stop: 1.467