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VladimirRibakov

EURNZD Sell Idea

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Euro / Dollar New Zealand (FX:EURNZD)  
VladimirRibakov  
FX:EURNZD   Euro / Dollar New Zealand
Trend Analysis EURNZD SELL Bearish Patterns bearishdivergence bearishconvegence pullbacks Bullish Divergence Trend Lines
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trendanalysis eurnzd sell bearish bearishdivergence bearishconvegence pullbacks bullishdivergence trendline
D1 - Price reached a critical zone, bearish divergence.

H4 - Bearish convergence, we may now look for pullbacks and sells with bearish evidences.

H1 - Currently it looks like a pullback is happening, bullish divergence.

If you want to be more conservative then wait for the price to break below the daily trend line, you may then start looking for sells with more bearish evidences.

This sell setup is valid until the last high shown in the chart holds.
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