EURNZD has been giving a series of lower low and Lower highs, signalling to us that we are in a bearish trend .
This pair has found resistance at the descending trend line , guiding it nicely. Looking for new Lows to be formed at the 1.6200 Level. this will be our target.
This pair has broken ascending trend line, forming new lows at the same time, signalling the end of the bull trend. The bears are are beginning to take control.As a new low has formed , its highly likely that we are going to see at pullback before we carry on down. I look to enter at the retest of trend line or an exhaustion of this pullback giving me a target of...
Looking for this pair to do a 50% Retracement towards our trend-line for a third bounce. When it gets there, When will then look for a break of the counter trend line. Enter on Break and close below this CTL
