@TradeYodha (TradeYodha.com)
#EURNZD 4H Long Idea
1. price is oversold
2. 50 SMA is lagging behind
3. a retracement is expected
4. The zone has strong FIB confluence
Need to wait for a confirmation such as double bottom. 2 targets at 38.2 and 61.8 match with previous structures
Hope this give you some useful ideas. I would love to hear from you. Please leave your comments.
#EURNZD 4H Long Idea
1. price is oversold
2. 50 SMA is lagging behind
3. a retracement is expected
4. The zone has strong FIB confluence
Need to wait for a confirmation such as double bottom. 2 targets at 38.2 and 61.8 match with previous structures
Hope this give you some useful ideas. I would love to hear from you. Please leave your comments.