Wave-Trader
Short

EURNZD Sell the breakout

FX:EURNZD   Euro / New Zealand Dollar
Hi fellows, we are having very nice flag which is trying to breakdown. Watch the breakout and look for sell.Trade with care and use only that much risk which you can afford to lose. Dont Trade with that money which you cant afford to lose. Every Single trade is not a winning trade so use risk according to that.
Comment: The correction is getting bigger. We are still looking for breakdown with strong power. Keep eyes on the breakout.
Comment: Couple of more bars may appear in the flat watch upper channel line for next short.
Comment: Watch breakdown during RBNZ rate decision.
Comment: watch top fo sell

Comments

This set up would be nice, although with the break down of big Kiwi levels i'm not so sure. I think we are in the midst of a similar move to 2015, especially if stocks roll over
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Will it go to the 1.68900 level and when do you think.
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Thanks for the analysis!
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thanks for the analysis!
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