We should be looking for sell opportunities as EURNZD has rejected the daily supply zone and has made a significant move to the downside so far. We approximately another 650 pips to go until we reach the next strong daily demand zone. Play it safe and trade the trend by looking for selling opportunities for a better risk;reward trades.
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ETH/BTC TECHNICAL ANALYSIS
Just broken above previous resistance level at 0.030807, could be looking at a long position to the 0.031365 level.
Proper risk management is advised.
www.tradingview.com to the
Been monitoring this trade since last week Monday. Saw the support zone for last week overall trend reversal and now letting the pair produce a bullish channel.
It the current candle which opened this evening closes above my line @110.189, this will show that it has broken previous daily tf resistance.
Target Price @111.459