EURNZD LONG

٢٥ أكتوبر ٢٠٢٣

Going long on EURNZD. This is a trend-following trade from the daily support zone. The daily candle reaction looks strong, indicating rejection. When we look at the 1-hour chart, we can see a head and shoulders pattern forming. The pattern's neckline has been broken above, and now we will take the trade on the retest.

Entry: 1.81305
Stop loss: 1.8046
Take profit: 1.8246