Long EURNZD range setupGood ~200-300 pip long setup
The pair is looking to stay range-bound within this wedge
Would look for consolidation at 1.63 level before taking long position
Also looking for a potential long-term buy opportunity with a break of the wedge resistance... I like the short NZD fundamentally
Here's a daily chart showing the wedge
EURNZD-LONG
EUR.NZD - Bullish Gartley PatternOn the EUR.NZD 15min chart we have a potential long opportunity at the D leg completion of a Gartley Pattern
The price reversal zone on this pair is between 1.676 & 1.672
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the A to D move.
Stop loss would be placed below X leg structure support.
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EUR/NZD - Bullish Cypher PatternOn the EUR/NZD 4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern.
The price reversal zone on this pair is between 1.5978 & 1.5787
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support.
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