rv
Short

EURNZD(Daily). Potential Ending Diagonal.

rv  
FX:EURNZD   Euro / New Zealand Dollar
208 4 5
Potential ending diagonal at Fibonacci confluence , Rising Wedge with WW characteristics, 22/4/2015 Uptrend_Line brake_out and retest. RSI bearish Divergence.
Diagonal's 3rd wave , looks to short ....
Maybe the point you named termination of the 5th is the termination of the 3rd and 5th yet to come ,

WHAT DO U THINK , POSSIBLE ?
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rv WaKaS
yes, everything is possible.
Reply
Highly possible. I was looking at this counter trend trade. But the stop loss required for this short trade is overwhelming for myself. RR uncertain too.
Reply
rv PriceActionTrading
it seems as though, but had to place it, just above the high. Followed a more aggressive entry on SA.
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