mddon

Bearish Shark on EURNZD H4

Short
FX:EURNZD   Euro / Dollar Néo-Zélandais
The pair is in a resistance, and has had the trend line broken and retested at a price that created the peak of last week. In addition using an oscillator it is obvious that price has created a bearish exaggerated divergence and finally a bearish shark harmonics has been formed and valid @D, thus a sell using instant execution @ 1.6718 or SELL LIMIT @1.67787 won't be a bad idea with SL @ 1.68903 and TP @1.65446.
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