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Guario
Dec 20, 2019 2:35 PM

EUR/NZD ANALYSIS Long

Euro Fx/New Zealand DollarFXCM

Description

Hi trader :) I'm Guario and this is a forecast about EUR/NZD possible future price action. As we can see from the chart the pair as just reached the volumetric zone of 1.6893 along with a BAT pattern formation and a MACD occult divergence which both give bullish signals. Look at the chart for possible entry, stop and target levels. Write me in the comments for any question, thought or critic. Good luck :)
Comments
transparent-fx
here is what i will be following on eurnzd, nice pair to follow
karimovd
Is this still valid?
Guario
@karimovd, the Bat pattern has Just been completed... let's wait the price to break the 1.6893 zone to open any long position. Thanks for the comment. Good luck :)
mardanloohamed
What's the forecast now?
Fly?
Guario
@mardanloohamed, just wait for the price to break the resistence zone (the red one on the chart) before open your long position. Thanks for the comment. Good luck :)
mardanloohamed
@Guario, thanks for your answer.
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