eur nzd short after neckline break
Updated
-We see a pretty nice SHS formation while price is breaking through the neckline support
-the rising Trendline is already broken this indicates a possible shift in direction
-we also have a falling rsi divergence giving us some more confirmation
patience is the key so as long as price didnt break the neckline there is no need to do anything
a new higher high will invalid the set up and we have to revaluate the situation again
-the rising Trendline is already broken this indicates a possible shift in direction
-we also have a falling rsi divergence giving us some more confirmation
patience is the key so as long as price didnt break the neckline there is no need to do anything
a new higher high will invalid the set up and we have to revaluate the situation again
Note
keep ya eyes open for a retest and pullback entry ....or will we see a invalidation of the shs ......time will show
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