Fxtoronto

EURNZD 1100+ pips in the bag so far so whats next?

FX:EURNZD   Euro Fx/New Zealand Dollar
93 2 6
Hi please see the attached chart for previous ideas.
Now we have two possible scenarios for this pair
snapshot
We can see that we have an uppertrendline where we short from and the ABC is complete as well
snapshot
Scenario number one is that the price might make the first impulse after break down and we will look for a trend continuation pattern before we decide to sell again
snapshot
Scenario number two is that price might break to the top and we will look for selling from the trendline if we get some sort of a reversal pattern
For now we are out of this pair and would like to see how the price acts in the next few days before deciding what to do next.

Feel free to inbox to learn about our strategy.
Cheers
IG @fxtoronto
Twitter @fx_toronto
Tradingview @fxtoronto
DM for coaching
ianpatton
2 months ago
amazing trades well done!
+1 Reply
Fxtoronto PRO ianpatton
2 months ago
Thanks
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out