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ernsos90

EUR/NZD LONG but first we have to wait for that LTF BOS.

Long
Euro / New Zealand Dollar (FX:EURNZD)  
ernsos90  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
EURNZD

snapshot


H4 is creating a bullish crab harmonic pattern. Last week H4 closed with 3 doji candles. On LTF, M15, M30 and M45 seem to found strong level of support but overall didn't break last LH (38.2%), but for that bearish move to continue, price must break that level of support. H4 looks like its testing previous level of support, that previous level of support was showing some sellers exhaustion. Also last week, a lot of positive economic news came out. This new week we should be seeing more bullish moves base of last week news, but first before any entries, BOS and retest must happen.
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