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mattmach
Jan 20, 2019 6:44 PM

EurNzd Short

Euro Fx/New Zealand DollarFXCM

Description

Potential to short EurNzd
-Break down of Head and Shoulder pattern on the Daily.
-Retest of the neckline and also retest of long term daily trend line.
-On the 4 hour we could see a potential double top forming with a potential spike up to recent 4 hour high's and 1.69000 area.
-Would need some deceleration before looking to take this trade to the downside.
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