Check the Analysis on #EURNZD , 15.11.2017
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7220
• Take Profit Level: 1.7400 (180 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7070
• Take Profit Level: 1.7000 (70 pips)
Possible long position at the breakout of the level 1289.40
Possible short position in the breakdown of the level 112.45
Possible short position in the breakdown of the level 0.9840
Possible long position at the breakout of the level 1.3210
Remember wat I told you about #EURNZD 2 days ago?
Had u listened and put a standard lot on that, you'd be up 500 pips or ~$5000. 3 month's salary in 3 days of doing nothing.
Adapt, Learn, Develop, Keep up. The world will not wait for you.
If you checked out our previous post you can see #EURNZD is following it accordingly. Nevertheless the market moved straight to the top and gave us no chance to enter with a small risk reward ratio. In turn this means we have to sit on our hands and don't let the market force us to enter midst the rally. #discipline
If you are one of our Telegram followers you will remember 2 weeks ago when we traded EURNZD at 1.7000 and made 200 pips. Well we are going to do it again!! You see the 1.7000 area is strong resistance in the past and it also marks 50% retrace of the top pin from 3 weeks ago. Stop loss is at 1.7300 and our first target again is 1.6700. If you want to see more of our trades follow our Telegram channel for free link in bio #forex#forextrader#forexsignals#forexlife#forexdaily#forexnews#forextips#forexhelp#eurnzd
EURNZD H4. Favorite trade of the week. Watch this one! Looking for a good bull move.
I see a falling wedge, I see a trendline being tested, a see a support being tested, I see an inverse HnS. I see $$$