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khansalarehsan

A great opportunity for Shorting EURNZD

Short
Euro / Dollar Néo-Zélandais (FX_IDC:EURNZD)  
khansalarehsan Mis à jour   
FX_IDC:EURNZD   Euro / Dollar Néo-Zélandais
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
EURNZD Short
Commentaire:
NZD is ready for a major Flag and Channel breakout. This is NZD weighted average chart against the other 7 major currencies. Stronger NZD is good for our trade :)
snapshot
Commentaire:
EURO is showing exhaustion on the weekly chart. See RSI trending down unlike the price trending up
snapshot
Cheaper EURO is what we are expecting for this trade
Commentaire:
Lastly not to forget that EURNZD on weekly TF is forming a huge wedge. Since Nov we have been consolidating near the upper band of the wedge
snapshot

Idées en relation

khansalarehsan
A great opportunity for Shorting EURNZD
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