EURNZD : Long setup. Slingshot to 1.67

FX:EURNZD   Euro / New Zealand Dollar
Clear breakout with change of trend.
4hr has hidden divergence for corrective structure.
Enter at breakout from consolidation.
Enjoy the slingshot.
Comment: Breakout on NZD Inflation Data
Trade active
Comment: after 5 days of run we may see little correction. as well as Eur is under pressure which can gave way to correct this pair.
Comment: Upward continues
Comment: apparently it looks like it did what I was thinking but I believe we may se little more correction to 0.618 fib that 1.53XX zone and then upward continues
Comment: Phew ! this pair is still consolidating on resilient NZD. Bull is still Intact.
Bears coming ...
robus Dguaman
it is Bull flag.
Dguaman robus
im talking about present time...
robus Dguaman
oh ok on lower tf. I am not watching this chart at the moment. I left it running free with breakeven S/L
+1 Reply
still expecting the slingshot for this coming week? thanks for sharing
robus fxfxfx
As I said , EUR looks little under pressure so this pair might give us 0.5 fib correction from the rise.
robus fxfxfx
This Could be possible Price Action
fxfxfx robus
thanks for the update robus
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