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VladimirRibakov
Jun 27, 2017 10:44 AM

EURNZD Ready for a bullish move? Short

EURO / NEW ZEALAND DOLLARICE

Description

D1 - We have bearish divergence followed by bearish convergence, a classical setup.

Currently pair is under bullish pressure from the bullish divergence and we should see a correction up.

H4 - Bears are under a lot of pressure put by bullish divergence.

We can start looking for buys once we see a break above 1.54.

In this scenario, suitable strategies would be the Crystal Ball, Forex Libra Code and once we start getting signals from sRs and Triple B, we can include them as well.


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