Blue box reversal criteria:
- Previous resistance becomes support
- Fibonacci retracement 38%
- 4H EMA 200
- Daily EMA 100
- Historic trendline (sadly not so significant)
- Round number 1.67000
EURNZD is on a short-term uptrend but fundamentally a bit mixed signs. Also, the drop from the top has been too sharp, better would be a bit smoother downwards movements but let's see, it is still the area which is worth to mention and as usual, to get more secure entries - wait for bullish candlestick formation on the marked area!
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
- Previous resistance becomes support
- Fibonacci retracement 38%
- 4H EMA 200
- Daily EMA 100
- Historic trendline (sadly not so significant)
- Round number 1.67000
EURNZD is on a short-term uptrend but fundamentally a bit mixed signs. Also, the drop from the top has been too sharp, better would be a bit smoother downwards movements but let's see, it is still the area which is worth to mention and as usual, to get more secure entries - wait for bullish candlestick formation on the marked area!
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
أغلقت الصفقة: تم الوصول للهدف
It was a perfect ride!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.