▲ 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_❤️
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
