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luisousa10

EURNZD

Short
Euro / New Zealand Dollar (FOREXCOM:EURNZD)  
luisousa10  
FOREXCOM:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns forexempathy fakeout fakebreakout retst down Bearish Patterns
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trendanalysis harmonicpatterns chartpattern forexempathy fakeout fakebreakout retst down bearish
As we can see since some weeks ago, the price as been respecting this area very well.
Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again.

And now is expected a nice retest and a clear confirmation for the sell oportunity.
A good Stop Loss with around 30 pips can be good here.
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