Uptrend in EURNZD
From the beginning of the month EURNZD started an uptrend of M30.
This trend may turn into a reversal of larger periods.
So we can join it from the base of the M30 and wait for the reversal of H1 and H4.
In this way we would realize a very good profit / loss ratio.
For the M30, the initial target will be 1.7222,
Prior to this, corrections are possible that shouldn't go below the previous bottom.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
This trend may turn into a reversal of larger periods.
So we can join it from the base of the M30 and wait for the reversal of H1 and H4.
In this way we would realize a very good profit / loss ratio.
For the M30, the initial target will be 1.7222,
Prior to this, corrections are possible that shouldn't go below the previous bottom.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.