TheSignalyst

EURNZD Short/Sell Idea

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD Short/Sell Idea

waiting for a momentum candle close below 1.735 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Rejection/Supply zone from Daily/H4 (in orange)

Three confluences are enough to consider Selling EURNZD, after a break below 1.735 (in gray)

This analysis is done using RichTL
www.RichTL.com

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