EURNZD SHORT MULTI-TF ANALYSIS
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EURNZD
Multi-timeframe analysis
Daily view (structural timeframe) : It is in "Downtrend" making lower lows.
4 hour (behavioural timeframe) : It has given breakdown of "Rising wedge" with strong bearish impulse.
1 hour (entry timeframe) : It is now in bearish correction and respecting a Trendline.
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Wait patiently for breakdown of Trendline and we could see downside continuation movement.
Thank You !!!!
.
EURNZD
Multi-timeframe analysis
Daily view (structural timeframe) : It is in "Downtrend" making lower lows.
4 hour (behavioural timeframe) : It has given breakdown of "Rising wedge" with strong bearish impulse.
1 hour (entry timeframe) : It is now in bearish correction and respecting a Trendline.
.
Wait patiently for breakdown of Trendline and we could see downside continuation movement.
Thank You !!!!
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.
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.