ChrisPulver

EURNZD - Rising Wedge and Falling Awesomeness

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD has made an impressive from from 1.3800 - 1.5400 but we have yet to see a correctional movement or wave pattern south. I'm liking the looks of this rising wedge and have a pending sell at 1.5055. It's a combo of the rising wedge break and H&S Pattern if a short shoulder forms this week without taking out the 1.5400 high. IF 1.5400 is taken out I'll be interested in identifying resistance levels of indecision candles with strong divergence.

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