Djbfxtrading

UPDATED ANALYSIS ON EURNZD

Corto
FX:EURNZD   Euro/Dólar neozelandés
We have to always adapt to what the market structure gives. unlike my previous analysis where we looked at the market to form the normal market cycle(impulse-correction-impulse), price now seems to be forming a bullish symmetrical triangle and might push up for a short-term buy before the bears would fully gain control in which I am interested in.
We would see how price reacts to this because I am after my risk reward ratio for a profitable trade.
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