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AnalytixEdgeByQasim

EURNZD - Bearish Reversal

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
AnalytixEdgeByQasim Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns
4
0
trendanalysis harmonicpatterns chartpattern

- EURNZD was trending bullish with HH and HL forming.
- bearish divergence has been observed.
- Lately, Head and Shoulder pattern has been observed on hourly time frame.
- Possible reversal of trend is imminent with confirmation from break of neck line.
Trade active:
still waiting for the price to break down its low. Lets see!
Trade closed: stop reached
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