FX:EURNZD   Euro Fx/New Zealand Dollar
7752 35 221
Hello Traders, I am a bit busy this week so I will try my best to post some setups as I see them,
Most of the pairs are in consolidation so only short term trade setups for now.
This pair is trending down in the daily consolidation so a sell on the break seems like a good idea. It might be the last impulse down on the 4hr before it turns up for another daily impulse.

Trade with care.
Thank you for your support.
Comment: No breakout as yet.
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Hi anil, first of all thanks a lot for all your ideas, for me your are the best trader of this community. I just want to asked if it not be better to wait to sell this pair in a consolidation above the ascending triangle that I just post.
Reply
The ascending triangle still standing
https://www.tradingview.com/chart/JrPv5HZx/
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what will next happen to eurnzd ? its way up
+1 Reply
fre3zzy saif1569
I think it will consolidate near the wedge before impulse down. Not sure tho. Still learning
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thanks Anil !!!
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This setup worked perfect for me, thank you as always!!!
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we should wait the price to touch the trend line and sell ? sorry guys but i am new to trading
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@Anil it looks like we have our break and consolidation sir.
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If you trade live you should know how to confirm breakout because it will always pull back to structure then make another level low/high
+2 Reply
Anil, maybe I'm wrong but It look to me that, now is starting to make an expanding triangle, I don't think the correction has finished yet
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+1 Reply
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