EURNZD LONG TERM TRADE LONG

Hi everyone:

We have a nice potential long entry on EURNZD, as the 4 hr chart formed a falling wedge pattern, rejecting support around 1.5325. When we take a look at the higher time frames, daily chart had a strong bullish run to the upside, and now the pullback could be finished and we can see a higher low developing to take it to the upside.

Multiple TPs in this nice risk/reward trade.

Target 1: 1.5500

Target 2: 1.5675

Target 3: 1.5875

Thank you for your support and feedback.

Yorum:

Here is the daily chart:

Yorum:

Beautiful breakout of the wedge now.

İşlem kapandı: hedefe ulaştı:

TP 2 hit!

İşlem kapandı: hedefe ulaştı:

3rd TP hit.