▲ EURNZD has been in a prolonged bearish trend with a ranging pattern. However, the price is currently experiencing strong bearish volume in the market, pushing it down without any corrections. This usually happens when the market has one-sided liquidity.
▲ We’ve seen some support, so we expect a price correction. This gives us a 50% equilibrium point, which is where we’ve placed a sell entry. The two horizontal lines represent entry and exit points. Use them wisely – you can use your own points or our as a reference.
▲ This is just an educational analysis, so please don’t use it blindly. Do your own analysis and risk management is key.
I▲ f you agree with our idea, please like and comment. We’ll continue posting trading setups like this!
Kind Regards,
Team Setupsfx_❤️
▲ We’ve seen some support, so we expect a price correction. This gives us a 50% equilibrium point, which is where we’ve placed a sell entry. The two horizontal lines represent entry and exit points. Use them wisely – you can use your own points or our as a reference.
▲ This is just an educational analysis, so please don’t use it blindly. Do your own analysis and risk management is key.
I▲ f you agree with our idea, please like and comment. We’ll continue posting trading setups like this!
Kind Regards,
Team Setupsfx_❤️
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Looking for intraday signals on Forex and XAUUSD (GOLD)? Use Bot The Below!
telegram.me/SwingTradersUK_BOT
FOR FREE GROUP: t.me/swingtradersuk56
telegram.me/SwingTradersUK_BOT
FOR FREE GROUP: t.me/swingtradersuk56
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
