Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURNZD has been hovering inside a big range and it is currently approaching the upper bound of the range acting as a resistance zone.
On 1H: Right Chart
đ For the bears to take over, we need a momentum candle close below the neckline highlighted in gray.
đ Meanwhile, EURNZD would be bullish short-term and can still trade higher inside the daily resistance.
đ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
On Daily: Left Chart
EURNZD has been hovering inside a big range and it is currently approaching the upper bound of the range acting as a resistance zone.
On 1H: Right Chart
đ For the bears to take over, we need a momentum candle close below the neckline highlighted in gray.
đ Meanwhile, EURNZD would be bullish short-term and can still trade higher inside the daily resistance.
đ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade stÀngt: mÄlet nÄtt