EUR/NZD: Selling the breakout

Telah dikemas kini
Hi guys,

Sorry for this sudden interruption, I have had some important personal issues which are now solved.

I will try to publish as often as previously.

I am also launching in a couple of weeks my website, I will keep you posted for those who are interested.

In the meantime we have EUR/NZD which broke a major support trend line. It is consolidating and forming a new pattern.

I am looking to sell once the trend line is broken. My target will be the support area as shown in my chart.

EDIT: Please ZOOM OUT to see the main trend.

Happy to be back in here and I hope we can make some great trades together.

Trade with care.

Best,

Jesse

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syot kilat
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Ideally previous low should become a resistance, let's see...
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Current rejection of previous low

syot kilat
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syot kilat
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* Previous low is being rejected
* Trend line is about to be broken
* M15 price is below all EMA's
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Ok let's see if it reaches the target by the end of this session.

The sell move looks pretty aggressive
Dagangan aktif
Entered at 1.71920
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syot kilat
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The pattern looks clearer on EURNZD than on EURJPY for the moment.
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For those who are not yet in the trade

syot kilat
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Trade should be activated for those who entered today
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syot kilat
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Target changed to 1.71500
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As you can see the area highlighted in blue as more chance to get hit than 1.71400

syot kilat
Dagangan ditutup secara manual
Took my profits, cannot follow the trade the next 2 hours and we are in a support zone! Nice profits on thiis one
Dagangan ditutup: sasaran tercapai
1.71500 target was reached, congrats to those who held the position!
Bearish PatternsbreakoutChart PatternsEUREURNZDForexfxNZDSELLshortTrend Analysis

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