EUR/NZD: What's next? Check it out !

9 Apr 2020

Hi guys,

The pair is following a bearish direction, as you can see in my chart.

It is clearly visible that the median line (in red) fits perfectly with the price and I am looking now for the price to break this structure to the downside.

I will enter upon a pullback in the channel zone and will target the bottom of the pitchfork.

It's a 50+-pip trade !

Trade with care guys.

As always, if you appreciate my work please like/comment my ideas!

Cheers

Jesse

9 Apr 2020

Nota

EUR/NZD fell sharply.

Currently monitoring the pair for my short trade

9 Apr 2020

Nota

H1: Tenkan Sen (TS) + Kijun Sen (KS) just crossed, it's super bearish

Will short the pair when spreads will be normal in about an hour.

*** Always trade with care and at your own risk ***

10 Apr 2020

Dagangan aktif

10 Apr 2020

Nota

I will exit @ 1.79010

10 Apr 2020

Nota

shorting again at these levels

10 Apr 2020

Nota

Still in the trade

10 Apr 2020

Nota

My new target, given the spread is 1.79100

10 Apr 2020

Nota

10 Apr 2020

Nota

Hi guys,

The pair is ranging in this channel, the structure has changed.

The target remains unchanged but it looks like there is this parallel channel in play now.

Trade with care.

Cheers

Jesse

11 Apr 2020

Nota

11 Apr 2020

Nota

Ok guys, so basically we are now in a consolidation with a horizontal channel.

The idea is to wait for a breakout to the downside and target the bottom of the channel around 1.79750.

This zone is an important one since it's also the bottom of the Daily KUMO. So it should act as a support.

Will update this trade next week.

Happy Easter guys!

Jesse

11 Apr 2020

Nota

Typo mistake.... It is 1.78750 sorry

11 Apr 2020

Nota

M15 VIEW

13 Apr 2020

Nota

Hi guys,

Updating my idea on a new brand chart! Check it out