Dale_Ansel
Short

EURNZD - PICTURE PERFECT DOWNTREND - SHORT

FX:EURNZD   Euro Fx/New Zealand Dollar
184 1 8
It doesn't look any better than this folks. All the right
ingredients here for a trend continuation play:

1. Shorting into a downtrend.

2. Price is using 20-SMA as dynamic resistance.

3. RSI up in relative overbought area.

4. Doji candle nearing completion on the hourly.

Time to SHORT. . .

NOTE: I'd put stop loss just above 20-SMA level.
Of course, just when it's "trending" it decides to change trend.
I hate it when they do that! =)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out