jojofang0901

EURNZD Time for bullish reversal

Long
OANDA:EURNZD   Euro / New Zealand Dollar

hello traders:

EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down.

However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms.

This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent.

LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal.

Thank you
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Comments

Very possible
+1 Reply
@abel11 indeed it’s climbing up now :)
Reply
Jojo fantastic :D:D
+1 Reply
jojofang0901 TheSignalyst
@TheSignalyst :) 😀
Reply
Possible Bullish ..
+1 Reply
Yup let’s see if we get continuations
Reply
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