Will EURNZD continue to newer highs

14 de abr. de 2021

I took 3 trades on this pair, 1st on the far left (break even trade), 2nd trade I got stopped out for a small loss, and finally on the 3rd trade I made a massive 150 Pips. I am still bullish on this pair however on the daily time frame a double top has formed, so I won't be surprised if price pullsback towards daily support (red) before bouncing back to its uptrend towards monthly reversal zone or surpassing this zone towards 'D extention. I am looking for a decent risk to reward ratio if this works out.

7 de mai. de 2021

Nota

Those who follow wyckoff methodology would look at the current situation as an accumulation phase. I am patiently waiting for the bullish momentum.
Update below: