Andyreeree

Looking at the bigger Picture @HiTech

FX:EURNZD   Euro / New Zealand Dollar
0
Hey man, I was interested in your trade/chart. I don't know that I would have re-entered right away. On a monthly chart, the green area is the support/resistance level the value is approaching. Which is a good thing for your short. However, i see a nice trend of higher highs and higher lows which illustrates an upward trend. Right now the price is in the center of the channel I have drawn. I also added and area where I would be looking to sell. Whether my chart is Right wrong or indifferent, you are looking at a difference of 200-600 pips from the current price.
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