SHORT EURNZD Short

EUR/NZDOANDA

Description

⋅ Sep 9, 2020 8:30 AM

-The price has formed the second swing of the descending channel.
-Price is reversing from the 3rd swing of the rising wage.
Cons: Descending structure is a bullish signal in the long-term.

Comments

transparent-fx

⋅ Sep 9, 2020 8:47 AM

possible short term move down, but let's not forget that we are currently rejecting weekly support :)

simaluis

⋅ Sep 9, 2020 12:18 PM

@transparent-fx, Sure

simaluis

⋅ Sep 23, 2020 2:50 AM

@transparent-fx, We reached our take profit though.