We have multiple indications for a long set-up on EURNZD.
First of al we have received a Fib completion, which indicates us a switch of momentum.
It seems like we hold the Supply & Demand zone as support.
The Big driver is clearly Bullish.
Everything between the 2 blue boxes can be relief for more upside momentum.
We also do have an ascending trend line holding up the price since December 2018.
Last time we were sitting at this zone we went up for 3000 pips!
Some Buy orders probably still sitting there.
First of al we have received a Fib completion, which indicates us a switch of momentum.
It seems like we hold the Supply & Demand zone as support.
The Big driver is clearly Bullish.
Everything between the 2 blue boxes can be relief for more upside momentum.
We also do have an ascending trend line holding up the price since December 2018.
Last time we were sitting at this zone we went up for 3000 pips!
Some Buy orders probably still sitting there.