With the EUR bullish across the board, the EURNZD pair allows the setup of a long entry after finding rejection from a strong support level and forming a double bottom. Price action is heading towards the resistance line for the descending channel where it has been trading.
The order:
Type: buy-stop
S/L: 120 pips - R:R | 1:2 -
T/P: resistance level
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The order:
Type: buy-stop
S/L: 120 pips - R:R | 1:2 -
T/P: resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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