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EUR/NZD Long

FX:EURNZD   歐元 / 紐元
Monthly: On the monthly timeframe price is in an uptrend, and last month printed a bearish very nice pin bar on the monthly resistance. (indicating the bullish trend resuming on the monthly). In addition to that EMAS on the monthly have just crossed bullish . Also fib rejection on monthly.

Weekly: On the weekly timeframe , price is also in an uptrend, and has just done retracing touching the trend line the 4th touch with a bearish candle. Last week’s candle rejects the 20 EMA . EMAS and ichi are bullish .

Daily: On the daily timeframe , price rejected the monthly support + the weekly solid trend line with a bullish pin bar .
A conservative position was taken due to high bullish confluence on the monthly and PA on daily assuring it. In addition to that EMAS have just crossed bullish on the daily even though above price but it has some significance.

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