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SeanHutcheson
May 19, 2018 10:29 PM

EURNZD speculation - 19/05/2018 

Euro Fx/New Zealand DollarFXCM

Description

Top down analysis of EURNZD - please comment any feedback or ideas!

Comment

40 pips profit if you took the labelled short term sell

Comment

47 pips and forming new resistance

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40 pips in profit and reversal candle - possibly get out
if not wait till price hits weekly support

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End of week summary:
193 pips profit
Entry at the top of the market opening candle meant maximum profits as the support was broken and the price plummeted - perfect head and shoulders trade! Close trade ready to start the next week afresh.
Comments
AzharSamad
Good analysis, checkout weekly charts in your analysis. They can do wonders to your trading.
SeanHutcheson
@AzharSamad, Great idea thanks for the feedback! :)
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