wonderpitt

EURNZD: Late to the buy party

Long
wonderpitt Updated   
FXOPEN:EURNZD   Euro / New Zealand Dollar
I've missed the buy for this lovely trade portion of EURNZD. You can try to get in if the price retraced to the marked zone, ideally around 50 EMA of H4. look for your confirmation there in the lower TFs to minimize the risk.

In my opinion, this setup has the potential to fly beyond the nearest monthly resistance. What do you guys think?
Comment:
good time to get in with the buy to the existing TP target. look for buy structure in the lower TF

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