Hello Traders!
EURNZD made an impulse and a correction. It seems the correction is finalizing, there is good opportunity to buy from bottom, and more to buy when price breaks out. These setups are good, but they are not foolproof. Ideally you want to see price approach the entry trading level and actually watch the price action for a manual entry buy order rather than leaving this limit order to chance and good faith.
Good Luck!
EURNZD made an impulse and a correction. It seems the correction is finalizing, there is good opportunity to buy from bottom, and more to buy when price breaks out. These setups are good, but they are not foolproof. Ideally you want to see price approach the entry trading level and actually watch the price action for a manual entry buy order rather than leaving this limit order to chance and good faith.
Good Luck!
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David K Giraldo