EURNZD M-Pattern
EURNZD has M-pattern in daily time frame.
Expection ?: i expect it to go upp and confirm the M-pattern and then make a down to downside. And later on form a dubbelbutom and then contiune to uppside to the resictanse line.
Fib ret: at 2 last days shows the golden zone at M-patterns confirme zone that is why i expect it to go upp and then make a move to down side and then go upp to resictanse line.
A fake out can happen. It can go for a touch at zone 1.65§ , the reson why it can is becus at bigger time frame as like as weekly. there is a huge support zone level at 1.65 level.
how can you confirm a long postion ? by looking at lower time frame as like as 4 hour and 15 min time frame.
Expection ?: i expect it to go upp and confirm the M-pattern and then make a down to downside. And later on form a dubbelbutom and then contiune to uppside to the resictanse line.
Fib ret: at 2 last days shows the golden zone at M-patterns confirme zone that is why i expect it to go upp and then make a move to down side and then go upp to resictanse line.
A fake out can happen. It can go for a touch at zone 1.65§ , the reson why it can is becus at bigger time frame as like as weekly. there is a huge support zone level at 1.65 level.
how can you confirm a long postion ? by looking at lower time frame as like as 4 hour and 15 min time frame.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.