EURNZD - BULLISH BIAS
~ WEEKLY - We can see that price broke a strong resistance level in August 2025. Price has tested and reacted from that level multiple times making it a strong support level. We can see a H&S being created as the right shoulder is being formed currently.
~ DAILY - We wait for price to pull back to the AOI which is a strong fib level, psychological level and most importantly, multiple rejections making it a strong support level.
Overall I have a Bullish bias based on the Weekly timeframe.
As price moves up to my level, I will wait for my confirmations across multiple timeframes and see how price reacts.
#forextrading #tradingeducation #swingtrader #tradingstrategy #mjswings
~ WEEKLY - We can see that price broke a strong resistance level in August 2025. Price has tested and reacted from that level multiple times making it a strong support level. We can see a H&S being created as the right shoulder is being formed currently.
~ DAILY - We wait for price to pull back to the AOI which is a strong fib level, psychological level and most importantly, multiple rejections making it a strong support level.
Overall I have a Bullish bias based on the Weekly timeframe.
As price moves up to my level, I will wait for my confirmations across multiple timeframes and see how price reacts.
#forextrading #tradingeducation #swingtrader #tradingstrategy #mjswings
تم حذف الأمر
As price came to AOI, there was no confirmations to take any buy positions and we saw price eventually breaking and closing below the AOI. This was an invalid trade and we avoided a loss!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.