DAVID_GIRALDO

EURNZD Outlook

Short
FX:EURNZD   Euro / New Zealand Dollar
Hello Everyone, EURNZD is on a bull trend right now but RSI is indicating we may be near the end. Price is almost at its Ext. lvl but failed to reach it previously, a good indication that this wave may hit and reverse from there. Pay attention to corrective price action as it approaches the high
Comment:
RSI showing Divergence as Price approaches the Ext. Entry order placed.
Trade active:
Triggered.Waiting for it to continue dropping and form a correction so SL can go to BE
Comment:
Waterfall!!

4hr RSI is Extremely Bearish
Comment:
Booked my profits for now. Seems price is pulling back, will re enter when it forms another TCP
Trade closed manually:
Closed for 300 pips of profit
will re enter after a correction

David K Giraldo
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.