bullish rally for EURNZD

43
as price broke the resistance (daily tf) and then made a decent pullback to retest that level and moved upwards, and now respecting the bullish trendline (4hr tf) also there is no divergence on multiple tfs with no major sign of reversal. All these confluences make this trend a bullish pair. To earn more RR 1hr or 30 min tf would be suitable, as I have also shown the buy stop order on the chart

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.