TomProTrader

#EURNZD-Update: Bears Around At Key Action Level, Shorts! #Forex

FX:EURNZD   Euro / New Zealand Dollar
7
Traders,

UPDATE: Strong move since I last posted about this pair (See related ideas) well done to anyone who had their own strategy to trade this, and my signals group who caught this move with me.

Shooting star signal at the top of the range at a multiple sideways resistance, creating a great action level to consider short positions. The shooting star was engulfed, showing a clear, crisp bearish sentiment. Expecting some nice lows off of this trade. I hope you have your own tested trading strategy to trade this move as it goes down.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.