See linked charts, Currently hedged on this position both long and short, this bias is neutral. Price action suggested in the chart on the 4-hr time frame is bearish.We'll continue to hold both positions until at least prior to today's close at 5pm EST.
EURNZD Setup HNS Confluence BRN CRS Confirmation needed: Price to break neckline Sell limit 1.7420, SL 1.7510 (90 pips), TP 1.7200 (220 pips)
EURNZD Setup: HNS Confluence: BRN Double tops CRS Entry: Sell @ 1.7400, SL @ 1.7480 (80 pips), TP @ 1.7200 (200 pips) Note: Price still can fly. If bullish momentum kicks in around 1.7400 levels, then I will cut loss and reverse my position to buy.
SHORT TERM LONG! BEFORE TARGET IS AT RESISTANCE AND THE UPPER TRENDLINE.
WAIT ON A BULLISH ENGULFING CLOSE ON H4 TO ENTER A BUY SETUP, ELSE BUY SETUP FAILS. GOOD LUCK!
We reached a current top for the cac 40, lower then the 2 before. Distribution top leading to a bearish retracement. Unfavorable markets context. What are your thoughts ?
i think there is 2 possibilites for the next days in this pair