nakedchartist

EURNZD at the top of channel for trend resumption

Short
FX:EURNZD   Euro / New Zealand Dollar
a D1 ed channel has a smaller h1 channel colliding with it at the top.
IF price does really goes down, it will have completed a 2 weeks high flush bull trap,
and perhaps price will resume the strong trend seen in may. All is too prematured now and I really want to see
the reaction within this blue oval.
I got a small scout position in so still monitoring it.

h1 channel has a macd divergence of sorts, so looking forward to use this channel to play this big beast off.

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