EURNZD BULLISH TRADE IDEA FORECAST
Hi Traders,
The EURNZD seems to have completed a minor ABC zigzag correction within a major ABC zigzag pattern.
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The price is currently reversing from a key support level and has the potential to move up towards the ascending channel resistance.
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We will wait for the price to trade above the blue Counter Trend Line with a five-wave impulse, and then we will look for a three-wave corrective pattern to confirm the bullish move.
.
Will post an update soon if price completed the two phases.
.
Stay tuned.
.
Any opinions on EURNZD?
The EURNZD seems to have completed a minor ABC zigzag correction within a major ABC zigzag pattern.
.
The price is currently reversing from a key support level and has the potential to move up towards the ascending channel resistance.
.
We will wait for the price to trade above the blue Counter Trend Line with a five-wave impulse, and then we will look for a three-wave corrective pattern to confirm the bullish move.
.
Will post an update soon if price completed the two phases.
.
Stay tuned.
.
Any opinions on EURNZD?
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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.