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VladimirRibakov

EURNZD Short Term Sell Idea

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Euro / Dolar New Zealand (OANDA:EURNZD)  
VladimirRibakov  
OANDA:EURNZD   Euro / Dolar New Zealand
Trend Analysis Support and Resistance Multiple Time Frame Analysis EURNZD SELL Bearish Patterns Fibonacci Extension lowerlows bearishconvergence pullback
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trendanalysis supportandresistance mtfa eurnzd sell bearish fibonacciextension lowerlows bearishconvergence pullback
D1 - The price which is moving lower has broken below the 100% Fibonacci expansion level of the first wave and is holding below it.

Lower lows.

No signs of trend change.

Expecting the price to continue lower further in the short term.

H4 - Bearish convergence.

Currently it looks like a pullback is happening.

Until the strong resistance zone holds my short term view remains bearish here.
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