EURNZD
The price is currently in a corrective phase, having reversed from its previous reversal point. This indicates a potential continuation of the upward trend. However, we believe there is a possibility of a sharp decline and reversal from our identified zone at 1.72321. We anticipate the price to reach the 1.8200 level before encountering resistance and reversing. This reversal aligns with our expectation of filling the imbalance zone. Our initial target is set at 1.77969, followed by a second target at 1.83369, and a final target at 1.88539, representing a potential total movement of over 1600 pips. The current price action supports our analysis. We encourage you to conduct your own analysis and consider this as an additional perspective.
If you find our insights valuable, please indicate your appreciation by liking and commenting on this idea.
Wishing you a productive weekend.
The price is currently in a corrective phase, having reversed from its previous reversal point. This indicates a potential continuation of the upward trend. However, we believe there is a possibility of a sharp decline and reversal from our identified zone at 1.72321. We anticipate the price to reach the 1.8200 level before encountering resistance and reversing. This reversal aligns with our expectation of filling the imbalance zone. Our initial target is set at 1.77969, followed by a second target at 1.83369, and a final target at 1.88539, representing a potential total movement of over 1600 pips. The current price action supports our analysis. We encourage you to conduct your own analysis and consider this as an additional perspective.
If you find our insights valuable, please indicate your appreciation by liking and commenting on this idea.
Wishing you a productive weekend.
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.