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WicktatorFX
Jan 27, 2021 11:06 AM

EURNZD - Major Reversal Anticipated - ExplainedΒ 

Euro Fx/New Zealand DollarFXCM

Description

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As previously posted, we were shorting EURNZD to the -27 fib. This lines up nicely with the previous bottom and the major falling wedge indicating a trend reversal.

Will be posting an update as to how to enter closer to the time if there's enough people interested. Drop a like and comment to let me know!
Comments
MasterSaps
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Went to 1.663 and now has a green candle. Time to get in @Wicktator
WicktatorFX
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@MasterSaps, thanks for the heads up man! Goodluck πŸ˜‰
MasterSaps
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@Wicktator, ha ha ha..Look at me giving you your own advice :D . I have been long on this for a while as I missed your updates on short. Really hoping for it to fly now so I can recover some losses! I have added a new position.

Thanks for all the tips!
WicktatorFX
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@MasterSaps, haha no worries! Send me your charts for when you took a long. Let’s see what you were looking at. Maybe I can share some light on it?
MasterSaps
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@Wicktator, well the truth is that I went against my charts on that one thinking 1.70 will be a difficult support to break. so hoping it will be a good lesson learned :)
Dave-FX-Hunter
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Wonderful analysis here
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