EURNZD | Cup & Handle

2020-02-08 14:09:37

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Initiate Long.

Entry - 1.72023
TP1 - 1.74636
TP2 - 1.76218
TP3 - 1.77764
TP4 - 1.79272
SL - 1.70950 (Please consider putting your stop-loss under resistance zone)

Reason: Price formed Cup & Handle, was supported on Pivot Point. Now breaking Ichi Cloud resistance. We can initiate a position on a breakout of horizontal.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.