AgentSmith
Long

Kiwi hedge with the Euro

FX:EURNZD   Euro / New Zealand Dollar
93 2 1
I have a number of NZD longs currently in play (vs CAD and GBP) and this trade is an offset to that somewhat heavy exposure. Opened a long position at trendline support and the .764 fibonacci level @ 1.5035. Daily wick is looking good (currently) at forming a very positive hammer candle.

I'm hoping for a 2-3 week trade into trendline resistance and confluence with the longer term descending channel @ 1.5950.. at which point I would look to initiate shorts once again.
Thanks Tachyon for sharing, this is my last analyze from today if it can be any help for you, cheers !
Reply
Price broke above the falling wedge and provided a very positive setup. Seems like quite a false break. Stopped out below support.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out