EURNZD: Will my old Weekly chart's ABCD be completed now?
This idea is based on my previous idea from December 2018 
Pay close attention to the chart. The EURNZD price is all you need, clean your mind from any fundamentals, news or rumors. Just draw a simple trendlines and MAs.
1. ABCD from my weekly chart from Dec 18 still looks to be valid. The time boundaries have changed, but it doesn't matter, the proportions are still correct (price is higher than C point).
2. Price has risen above the descending trendline from Aug 2015, that's why I believe it is not a good idea to short a pair.
3. Price is above of 200HMA!
4. 200HMA is above of 2222 HMA.
5. 200HMA is ascending, it shows that Bullish is a growing trend.
6. Weekly idea is also based on 0.618 correction to the old falling move of 2009-2015. It seems to be a very strong pattern.
I prefer to buy a pair and be extremely optimistic regarding the potential growth.
Good trades to everyone!
Pay close attention to the chart. The EURNZD price is all you need, clean your mind from any fundamentals, news or rumors. Just draw a simple trendlines and MAs.
1. ABCD from my weekly chart from Dec 18 still looks to be valid. The time boundaries have changed, but it doesn't matter, the proportions are still correct (price is higher than C point).
2. Price has risen above the descending trendline from Aug 2015, that's why I believe it is not a good idea to short a pair.
3. Price is above of 200HMA!
4. 200HMA is above of 2222 HMA.
5. 200HMA is ascending, it shows that Bullish is a growing trend.
6. Weekly idea is also based on 0.618 correction to the old falling move of 2009-2015. It seems to be a very strong pattern.
I prefer to buy a pair and be extremely optimistic regarding the potential growth.
Good trades to everyone!
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Super dynamics after a year of patience. Good luck to everyone!Order cancelled
The dangerous asset. A rigorous risk management is mandatory.
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