EUR/NZD a Potential Move Upward to the 1.7074 Mark ๐๐๐
๐ก Trade Idea
๐ Buy Limit EUR/NZD @ 1.6952
๐ฏ Target Profit 1.7074
๐ Stop Loss 1.6912
โ Do not risk more than 1 % of your account on each trade
๐ Good Luck !
Description:
The price managed to break out of the bearish channel and posted a โdouble bottomโ around the daily support which indicates a potential reversal. The price now is trading around the neckline, so we expect a lower correction and then most probably a move upwards to the 1.7074 level.
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โCommentโ below to share your thoughts with us and other traders ๐ฅ
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Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. โ ๏ธ
๐ Buy Limit EUR/NZD @ 1.6952
๐ฏ Target Profit 1.7074
๐ Stop Loss 1.6912
โ Do not risk more than 1 % of your account on each trade
๐ Good Luck !
Description:
The price managed to break out of the bearish channel and posted a โdouble bottomโ around the daily support which indicates a potential reversal. The price now is trading around the neckline, so we expect a lower correction and then most probably a move upwards to the 1.7074 level.
-------------------------------------------------------------------------------------
Please press โLikeโ if you appreciate the trading idea ๐
โFollowโ for more trading ideas in the future ๐
โCommentโ below to share your thoughts with us and other traders ๐ฅ
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. โ ๏ธ
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