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Trader_Petrov

EUR/NZD - Sell

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
Trader_Petrov  
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns EURNZD eurnzdshort eurnzdanalysis eurnzdforecast eurnzdsetup eurnzdidea
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trendanalysis chartpattern eurnzd eurnzdshort eurnzdanalysis eurnzdforecast eurnzdsetup eurnzdidea
Weekly:

1. Impulse
2. Brake of previous support

When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe.

snapshot

Daily:

1. Impulse
2. Correction
3. Engulfing candle from 38.2% Fibonacci level

Looks very, very bearish and maybe will not see deeper correction to the monthly resistance.

snapshot

4H:

1. Impulse
2. Correction
3. 3rd touch of trendline
4. Many engulfing candles

Looks nice for short from this level right now.

snapshot


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