Euro / New Zealand Dollar
Long
Updated

EURNZD: Bullish Setup Targeting Engineered Highs!

190
Greetings Traders,
In today’s analysis of EURNZD, we observe that the market is currently operating within bullish institutional order flow. It is therefore essential that we align our bias with this narrative by focusing on buying opportunities.

Market Context:
  • Higher Timeframe Alignment:
    The weekly timeframe is showing a bullish draw on liquidity, and this is confirmed by the H4 (intermediate) timeframe, which is also structurally bullish. This alignment between higher and intermediate timeframes provides strong confluence for long positions.
  • Mitigation Block Support:
    Price has recently retraced into an H4 Mitigation Block—a key institutional support zone. This area represents a region where previous sell-side activity was initiated. Now that price has broken above it, institutions are likely using this retracement to mitigate prior sell positions and establish new buy orders.

Trade Idea:
  • Entry Strategy:
    Look for confirmation on the lower timeframes within the H4 mitigation block to initiate long positions in alignment with institutional order flow.
  • Target Objective:
    The primary target is the relatively equal highs residing in premium pricing. These levels coincide with engineered trendline liquidity and failure swings, making them highly attractive profit-taking zones for institutions—where significant buy-side liquidity is expected to be absorbed.


Stay patient and execute only upon clear confirmation signals.

Kind Regards,
The Architect 🏛️📊
Trade active
Current Position Running
Risk=1R
Potential Reward=2R

Refer:snapshot

Regards,
The_Architect
Trade closed: stop reached
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EURNZD TP HIT

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