4H Level explanation
EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530
The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547
The upcoming news will not influence your orders within the mentioned period.
EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530
The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547
The upcoming news will not influence your orders within the mentioned period.