AkashGaur

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

FX:EURNZD   Euro Fx/New Zealand Dollar
96 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
amazing trades well done!
+1 Reply
AkashGaur ianpatton
Thanks
Reply
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