These are possible future moves of EURNZD.
Don't forget that corrective structures are very complex and they can develops in various types of patterns, so i don't expect market goes completely in the way i anticipate, but maybe this is the best labeling based on price action we have right now.
This long term analysis is not a trade setup. It is just an analysis giving me most probable direction of market and I will trade this in the lower time frames in the anticipated direction, only when i see a reasonable trade with good R/R
Don't forget that corrective structures are very complex and they can develops in various types of patterns, so i don't expect market goes completely in the way i anticipate, but maybe this is the best labeling based on price action we have right now.
This long term analysis is not a trade setup. It is just an analysis giving me most probable direction of market and I will trade this in the lower time frames in the anticipated direction, only when i see a reasonable trade with good R/R
Note
also this labeling can be true tooNote
I'm waiting for sellNote
Note
above chart is not related to EURNZD, i wanted to upload below chartTrade closed: target reached
trading is about hundreds and thousands of pips, not only 50-60 chancy pips.now I'm waiting to see which way is it going to go? reversal to upside or continuation to downside.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.