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thillygoosth
Jan 30, 2018 12:49 PM

EUR/NZD buy Long

Euro Fx/New Zealand DollarFXCM

Description

EN gave a beautiful buy setup on 1 hr and looks to be on the way up. Just keep in mind this consolidation can push down one more time forming a channel (pitchfork). Doesn't have to. That is the 200MA you may want to pay attention to. It did complete a smaller diagonal and can just go, but understand the possibilities.

Comment

I got out of EN, considering I see Ecad as a sell and ncad as a buy, at least some time soon, doesn't mean EN can't shoot up more, I just don't feel like being trapped
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