Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

📊 EURNZD Buy Trade Explained 📉 - By Vladimir Ribakov #trading #forex #forexsignals #fyp #shorts

8 Nov 2024 · 1 min

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1:17

Vladimir Ribakov breaks down a EUR/NZD buy trade from October 15, 2024, using bullish MACD divergence and a break above a falling trend line. The 4-hour chart showed three higher highs and lows with Fibonacci retracement entry points, generating a 300-point move upside.

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Here is the EUR/NZD buy trading strategy fully explained. So we shared with you this buy trading opportunity in this very post on 15th of October 2024. This post was shared in this channel. Here is why we were looking to buy on a daily chart: bullish divergence on The MACD histogram and the break above the most recent falling trend line. On the 4-hour chart, we saw clean bullish structure with 3 higher highs, higher lows. As the retrace happened right to the Fibonacci levels, as you can see on this chart, as long as they were holding, our plan was buy these dips. Euro New Zealand delivers the second leg from there, providing phenomenal move. For more than 300 points to the upside. For more trading opportunities and real-time trading education, join our family, the Home Trader Club.
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