Hello, my dear friends and the fellow community members.

Based on the overbought and oversold conditions in the market in 4H charts I have opened a LONG position in EURNZD with the stoploss below 1.16500 and take profit target equal to 1.6750. The chart attached shows the setup. In this chart, the pair is oversold as the stochastics is below 20 levels and the lower Bollinger band has been tested. I will adjust the stoploss to breakeven once the price moves in my favor.Happy trading to all.
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