EURNZD shows signs for a continuation long.

56
Price did finish the initial selloff into the start of the HTF 3-touch structure with a 1-2-3 move and started to aggressively reverse. We saw price turning bullish again and is now trading through an AoI and starting to form a consolidation. Price left a small Liq.P, which could act as a base, and if we see price stalling in this area and forming some kind of bull flag, that would be deliberate PA for a continuation to the upside, with the previous high as initial target.



*** **** *****
The pairs I publish here are usually discussed in detail in my Weekly Forex Forecast (WFF) and are now showing further developments worth mentioning.

Remember, technical analysis is subjective; develop your own approach. I use this format primarily to hold myself accountable and to share my personal market views.

⚠ Ensure you have your own risk management in place and always stick to your trading plan.
*** **** *****

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.