Razvan

EURNZD - Short signal to 1.5583

FX:EURNZD   Euro Fx/New Zealand Dollar
367 5 0
Close to a 38.2 retracement on the daily chart , we have some bearish signals on the H4 chart. The price is retesting the channel line, and the RSI 24 made a negative divergence under the 70 level. A fall of the RSI under the trend line would trigger a drop in the price. First target 1.5583, and the second at 1.5455
I would expect the breaking of the Target 1 line before shorting, it would also confirm a double top if it does break.
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Razvan rodrigosmarts
that will be the best short signal :D
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Trying this out.
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Razvan leonidasgeorgiou
i would recommend to look after the rsi to be broken, that will be a good conf of the downmove
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Followed.
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