EURNZD Look for reversal price action here to sell
Hi everyone:
EURNZD is showing us a good structure development, and we could potentially see this sell opportunities from the top of the structure.
We See the overall price had a bearish impulse down from the previous head and shoulder pattern, and begin to form this larger expanding structure.
Price has been moving up and down, and we see price is right back to the tops now, potential forming a double tops, and a "W" style structure.
If we get a LTF bearish impulse down, I would wait for continuation correction here to look for the sell entry down to the previous lows.
Thank you
EURNZD is showing us a good structure development, and we could potentially see this sell opportunities from the top of the structure.
We See the overall price had a bearish impulse down from the previous head and shoulder pattern, and begin to form this larger expanding structure.
Price has been moving up and down, and we see price is right back to the tops now, potential forming a double tops, and a "W" style structure.
If we get a LTF bearish impulse down, I would wait for continuation correction here to look for the sell entry down to the previous lows.
Thank you
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تعليق:
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