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francescaforbes
Nov 14, 2019 9:47 PM

EUR/NZD Sell Idea.  Short

Euro Fx/New Zealand DollarFXCM

Description

Break of strong support level and retest to show new resistance. MA's are bearish.

Comment

H4 candle closed as a hammer.

Comment

TP hit!!!
Comments
DamianGilecki
Is this a strong selling signal? Forgive me for the stupid question still learning
francescaforbes
@DamianGilecki, for me it was a strong indication of the market moving in a bearish direction, however this is my only my interpretation and trading is subjective to the individuals method of analysis and how it works for them.
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