EUR.NZD - Weekly Trend Change / Intraday H&S Formation
Currency Pair: EUR.NZD
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Short
EUR.NZD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Short
EUR.NZD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
Although price did drop there is a lack of acceleration on the Daily TF, with this in mind i will await to see how the Weekly candle closes to provide additional information.