VolveFX

EURNZD Bullish Pennant

Long
VolveFX Mis à jour   
FX:EURNZD   Euro / Dollar Néo-Zélandais
  • Bullish Pennant created in EURNZD.
    HH and HL shows a quick uptrend before pattern start being made.
    Four touches between TL, so pattern is valid. Less than 21 days also.
    We look for a bullish breakout, as pattern is bullish and daily trend also.
    After the breakout, we see a re-test and entered position in the next candle (moment I saw the breakout). Its a bearish candle, but polarity has been made with the re-test so we open the trade anyway.
    Measure the previous uptrend and use same amount for TP2.
    TP1 is 50% movement of TP2.
    SL below Pennant minimum point.



Trade fermée: cible de profit atteinte:
Todays´s GAP caused by OPEC and COVID-19 news, accelerate the movements and TP2 was hit. Price opened exactly in a historical value zone (Minor Zone).
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.