farid_ardavani

EURNZD long term correction; daily

FX:EURNZD   Euro Fx/New Zealand Dollar
These are possible future moves of EURNZD             .
Don't forget that corrective structures are very complex and they can develops in various types of patterns, so i don't expect market goes completely in the way i anticipate, but maybe this is the best labeling based on price action we have right now.
This long term analysis is not a trade setup. It is just an analysis giving me most probable direction of market and I will trade this in the lower time frames in the anticipated direction, only when i see a reasonable trade with good R/R
Comment: also this labeling can be true too
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Comment: I'm waiting for sell
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Comment:
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Comment: above chart is not related to EURNZD, i wanted to upload below chart
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Trade closed: target reached: trading is about hundreds and thousands of pips, not only 50-60 chancy pips.
now I'm waiting to see which way is it going to go? reversal to upside or continuation to downside.
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