EUR/NZD 4H Long

7 Nis 2019

I am a FOREX newbie and working on my charting/analysis abilities. I will be publishing my analyses to track my own progress as I enhance my trading skill set and to document my predictions that don't go according to plan in order to get better over time. In this chart, 4H trend line has broken into a bullish wedge pattern. I expect it to retest bottom of wedge before making a run up as shown. The thinner red lines indicate previous areas of resistance where the breakout may retest. Entry around 1.6637.

Please feel free to comment and/or making suggestions for improvement. Thanks.

KC