Fxprotrader

EURNZD: Sell Opportunity At Key Level

Short
FX:EURNZD   Euro / Dollar Néo-Zélandais
Price has been rejected from a slide parallel of a downsloping median line set and has broken below the consolidation it was moving on it's way up. A big bearish divergence at MACD shows that the upmove has lost its steam and we should now watch for a sell setup completion to join the move to the down. I will personally wait for the smaller consolidation below the broken level to end with a breakout and go short.

Slide parallel price rejection:
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.