EURNZD: Long back to 1.65654
EURNZD's biweekly downtrend signal target has been 'hit' (missed by peanuts), so it's likely going to rally back to the downtrend mode, up there at the 1.65654 mark. You can enter longs at market, or buy dips to support in the daily chart to profit from this phenomenon. Stops should be below 1.5237. Have fun.
Check out my updated track record here: pastebin.com/6CyyqnPT
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Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance-0.38% on such information.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance-0.38% on such information.
Kommentar:
Good progress from entry. Anticipating further upside for a long time.
Just a theory...The chart demands immediate downside here.
Always worth it to see what China is up to.