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Euro / New Zealand Dollar
Long
Updated

JICPT|EURNZD long setup on sideway structure!

191
Hello everyone. On Aug 18th, I published an idea titled 'EURNZD short setup on sideways structure' . The pair had a false breakout of the upper zone before falling all the way back. Actually, there is a retest entry opportunity on the 60m. You can check the linked idea below.

Now, price has come closer to the bottom zone. We know the best trading strategy for sideways structure is buy low and sell high.

So, I set an alert for trigger.

What's your opinion? Give me a like if you're with me!

Note
It's coming closer.
snapshot
Note
Yep. Price reacted to the zone.
snapshot
Note
Like I wrote in the chart below. SW might be terminated. Structure is powerful, it works until it doesn't.
snapshot

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