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Euro / New Zealand Dollar
Short
Updated

EURNZD DAILY

306
Price made a double top at daily resistance, & price is forming a bearish flag pattern after breaking its uptrend now making lower lows & lower highs.. Lower high complete, now looking for another potential lower low : ) Lets see if we can get a completion of the head on shoulders pattern!
Note
snapshot 4 hour: watch for break & retest
Note
snapshot breakout, sell limit set at 1.68670
Note
one entry set at 1.68460 also in case price does not reach first sell limit
Trade active
sell limit reached, +50 pips roughly at the moment
Note
snapshot moving further down now, currently 90 pips running
Note
snapshot Price approaching take profit zone, caught roughly 230 pips .. Congrats if you took this ! :)
Profound_Ambition
Bearish FlagDouble TopdowntrendEURNZDeuroheadonshoulderskiwidollarlowerlowSupply and DemandSupply ZoneSupport and ResistanceTrend Analysis

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.
Bearish FlagDouble TopdowntrendEURNZDeuroheadonshoulderskiwidollarlowerlowSupply and DemandSupply ZoneSupport and ResistanceTrend Analysis
Profound_Ambition

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.