Technician
Short

EURNZD Short Setup

FX:EURNZD   Euro / New Zealand Dollar
803 views
37
803 4
The price hit the 50 percent retracement level for the overall bearish trend , and was rejected. We have a bearish setup confirmed if the price breaks back below the 200 days simple moving average and 1.6800 possible horizontal support. I will be shorting following the breakout.


Best
Techniain
Comment: It seems that we are not getting the trade. The price didn't break below the 200 days SMA and rallied.
I like your clean analysis. As well as the fibs.
+1 Reply
Technician Bullandbeartrading
@Bullandbeartrading, thx mate.
Reply
Thank you
+1 Reply
@VandK, you are welcome. But no entry :] . Looking forward for the next one.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out