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zuoertai
Dec 28, 2018 5:51 AM

[EURNZD, 28/12/2018] Bearish divergence spotted in H1 and H4 Short

Euro Fx/New Zealand DollarFXCM

Description

Bearish divergence spotted in both H1 and H4. Clear signal to go short. TP 1.68800

Comment



Bearish divergence in H4

Trade active

Trade has already activated since yesterday. H4 shows a beautiful bearish divergence and a MACD death cross is about to form. Price is more likely to drop to the target now after re-test of the resistance yesterday. If you have this trade with me, I suggest you to hold it until it reaches the target.

Comment

Spotted Elliot Wave (1234) and ABC Pattern that we are going to go through.

Comment

Minor correction of movement prediction.
Comments
n4nd14hm
Yes...correct .. ready to trade...thanks...
zuoertai
@n4nd14hm, Let's hope this will work out. This month has been a nightmare with all those unexpected volatility.
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