dmchardy98

Signs of reversal at major demand zone for Eur/Nzd

Long
FX:EURNZD   Euro / New Zealand Dollar
Saw this on the monthly timeframe, large hammer formed and now setting up my take profit at the 61.8 rib level. Expecting this to play out over the next couple of months. I'm using a tight stop loss due to my position size which in hindsight was slightly too big for this play but should be interesting all the same.

Hazzah!
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