ThinkingAntsOk
Short

EUR/NZD Bearish Scenario by ThinkingAntsOk

FX:EURNZD   Euro / New Zealand Dollar
4H CHART EXPLANATION:

πŸ”Έ Price has reached the top of the Ascending Channel , and was rejected there.
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πŸ”Έ We consider it has bearish potential.
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πŸ”Έ The target of the downside move is the Support Zone .
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πŸ”Έ We are waiting for the Ascending Trendline to be broken first.
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πŸ”Έ In case the Support Zone is broken, then the target zone would be the Ascending Trendline of the Channel.

DAILY CHART ANALYSIS:

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Comments

I follow eurnzd as well, this my TA at the moment
Reply
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