Godal Member's, Traders and Aspiring Traders . Todays shared post is a follow up post on the previous shared analysis.
(Multi Time Frame Analysis)
Pair : EURNZD
Time-Frame : Weekly
Biased
Bullish : Trend within trend / Counter trend-line.
As you can see within the major Monthly bearish channel there is a weekly bearish trend within that has been broken as the dotted line represents. The break out has already retested and held so for the coming week could look for potential continuation if we have a bullish weekly candle close. ( Next Post Will Be Daily)
(Multi Time Frame Analysis)
Pair : EURNZD
Time-Frame : Weekly
Biased
Bullish : Trend within trend / Counter trend-line.
As you can see within the major Monthly bearish channel there is a weekly bearish trend within that has been broken as the dotted line represents. The break out has already retested and held so for the coming week could look for potential continuation if we have a bullish weekly candle close. ( Next Post Will Be Daily)