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francesgurton
21 de Abr. de 2021 17:26

EURNZD - Short Corto

Euro Fx/New Zealand DollarFXCM

Descripción

Possible short on EURNZD.

The bearish continuation pattern has broken and the 4H moving average has acted as nice resistance.

Price broke below support of the pattern, hoping for tome continued bearish momentum over the coming days.

ECB announcements et to be bearish for the EUR, along with Europe's slow covid recovery and vaccinations while New Zealand is currently booming and covid free - great for the economy.
Comentarios
Eb_101
it's a buy idea. nice work tho
UnknownUnicorn5823541
Nice idea👌🏿
francesgurton
How comes you think it’s a buy?
Eb_101
@francesgurton wait for it
Eb_101
@francesgurton how is your trade on this pair going
Ven7ura
shorting at support is risky
francesgurton
@Eb_101 didn’t enter so no problems.
francesgurton
@Ven7ura looked to me like it had broken
Ven7ura
@francesgurton, it did indeed, but its always better to wait for 2 candle closes below the support low, better confirmation :)
francesgurton
@Ven7ura, Oh yes i see! thanks for the advice, ill deffo take that on board :)
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