-Bull move with strong candles
-Retracement until 0.382 fib with a reverse head and shoulders
-First target the swing high of the move
-Second target the next reference point
-Stop loss below the base of the reverse hnd pattern
2.2 r/r on first target
4.2 r/r on second
EURNZD It reached a strong point of resistance where it was rejected,
which confirms a strong resistance.
The volume looks like it attracts sellers
It would be a better time to enter at the price of 1.6886/1.6878
Likes and comments if you want more trading setup. Thank you!
Looks like EUR/NZD is about to show us something interesting. If it breaks the line -----> Bearish trend down to 1.62000 level
If it won't break the line -----> then we will see a further upward movement possibly up to 1.74000. Fundamentals are in favour of EUR!
So let's keep an eye on this lovely currency pair!
short time trade for 65 pips
we can see a bearish divergeance on RSi
and an RSi h4 at +79 (overboyght)
euro continue ignoring Catalonia probleme,but i think not so long ,and anyway this cross need take a breath
entry = 1.6689
Take profit =1.6624
SL..u let you manage it as is intrady trade
