So here is the bigger picture on EURNZD
The price has taken out previous highs and filled in the fair value gap and traded into the area of supply. Once price breaks below the range, there will be selling opportunities within the range.
Pay attention to the smaller timeframe price action
The price has taken out previous highs and filled in the fair value gap and traded into the area of supply. Once price breaks below the range, there will be selling opportunities within the range.
Pay attention to the smaller timeframe price action
Trade closed: stop reached
EURNZD took out previous 4H high, we will wait for a re-entry opportunity
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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.
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.