TradingView
EvanJones
Sep 3, 2016 1:48 PM

Nice Short followed by an even bigger short! Short

Euro Fx/New Zealand DollarFXCM

Description

The strength in the Kiwi Dollar has become the greater compared to the Euro. Here a nice triangle with an uptrend line has broken and the daily just about closing below. Await for Monday and if a resumption of the downtrend continues enter shorts and aim for 1.4978 a nice decent short.

Then await for a retracement, preferably back to the trend line and enter short again for a much bigger target of near the lows again.

ejfxtrading.com
More