We have a nice potential long entry on EURNZD, as the 4 hr chart formed a falling wedge pattern, rejecting support around 1.5325. When we take a look at the higher time frames, daily chart had a strong bullish run to the upside, and now the pullback could be finished and we can see a higher low developing to take it to the upside.
Multiple TPs in this nice risk/reward trade.
Target 1: 1.5500
Target 2: 1.5675
Target 3: 1.5875
Thank you for your support and feedback.
评论
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Here is the daily chart:
评论
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Beautiful breakout of the wedge now.
交易结束：到达目标
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TP 2 hit!
交易结束：到达目标
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3rd TP hit.
评论
BORDOMAVI
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master. Long-term idea. But it took a very short time to reach the goal. You're number 1. Cheers.
IshanTripathi
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Great Chart..
Is the Trade Active?
Thanks
jojofang0901
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@IshanTripathi, Will be active if the price action breaks out of the wedge pattern. cheers