EURNZD / M15 / LONG

EURNZD may rise from the Bullish Order Block.

BULLISH ORDER BLOCK :- 1.80513 and 1.80451

EURNZD is currently showing a strong uptrend, reflecting bullish momentum in the market. A significant bullish order block has been identified between 1.80513 and 1.80451, just below the current price. This zone represents an area where institutional traders are likely to accumulate buy orders, making it a key level to watch. Traders have two options: either enter a long position now, aligning with the trend, or wait for the price to retrace into the order block for a more optimal entry. This setup is rooted in precision and patience, crucial elements for successful trading.

Using Smart Money Concepts (SMC), this setup aligns with institutional trading strategies, providing a strong basis for expecting bullish momentum. There’s a significant possibility that this trade will end in profit. Let’s monitor the price action closely and see how it unfolds!

EURNZD / M15 / LONG
LOT :- 0.2
Entry Price :- 1.80512
Take Profit :- 1.81157
Stop Loss :- 1.80297