EURNZD - Long trade plan - ready for a big upmove

OANDA:EURNZD   歐元 / 紐元
22 0
We believe that OANDA:EURNZD is ripe and ready for a big impulsive movement to the upside.
Buy opportunity range between the 1.562 - 1.564 area.
SL below 1.56
Target in the 1.88 area (medium term)
If you prefer operating more on the cautious side, wait for a first impulse on the 60min timeframe, follow the consequent minor correction or flag, and buy the break of the flag.
Updates will follow.
Trade with care and only with a tested strategy.
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評論: Two things might be happening. It is either going to finish a smaller 60min structure, as per the following:

評論: Or it could be a bigger structure in the making, on the daily, something like this:

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