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Euro / Dollar New Zealand
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EURNZD SHORTS!

Oleh marcopips
Diupdate
The price action is reaching the top of the downtrend channel. NZD seems overly extended to the downside over dovish reports. Additionally, this entire move seems to be a corrective wave structure, downside is still of higher probability. Would enter in a short position here.

TP 1: 1.64400
TP 2: 1.63600
Trade aktif
Trade has been active since I posted, moving rather slowly so I would monitor it closely, however moving like how I expected it to. So that's a plus. Currently, at +30pips.
Trade aktif
+77 pips. Look for possible retracements and take some profits at 1.64350
Beyond Technical AnalysisChart PatternsEURNZDeurnzdshortTechnical AnalysisTrend Analysiswavetrader
marcopips

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