Yesterday, Super Mario (Mario Draghi) made Euro weaker and a lot of EURxxx pairs dropped.
EURNZD, Daily chart, candlestick pattern Evening Star (the most powerful candlestick pattern):
If we look at those two last, green and red candles, then there is even 2in1. Evening Star and those two last ones form a bearish Engulfing.
Yesterday's candle close completed those candlestick patterns and it also confirms rejections from multiple price levels. The price bounced back and closed below:
1. Fibonacci retracement golden ratio 62%
2. Round number 1.73000
3. 2013 High
4. 2016 High
5. Another round number 1.72000
6. 2010 Low
All those levels got cracked yesterday and it got confirmed after the Evening Star has formed which is also a huge bearish sign.
Wait for a pullback, do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Yesterday's EURNZD Short:
EURNZD, Daily chart, candlestick pattern Evening Star (the most powerful candlestick pattern):
Yesterday's candle close completed those candlestick patterns and it also confirms rejections from multiple price levels. The price bounced back and closed below:
1. Fibonacci retracement golden ratio 62%
2. Round number 1.73000
3. 2013 High
4. 2016 High
5. Another round number 1.72000
6. 2010 Low
All those levels got cracked yesterday and it got confirmed after the Evening Star has formed which is also a huge bearish sign.
Wait for a pullback, do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Yesterday's EURNZD Short:
