Daily EURNZD Long Wait for Bounce

25 ต.ค. 2019

Wait for retest of 150 EMA , Bottom trend channel, or volume move upwards to confirm continuation. trading the counter trend is extremely dangerous at this point.

25 ต.ค. 2019

บันทึก

Correction, I meant to say complex 4th wave, not third wave. Complex 4th wave is almost complete and we are waiting for a 5th wave confirmation upwards.

25 ต.ค. 2019

บันทึก

25 ต.ค. 2019

บันทึก

Can short this to the 150 or 200 MA and bottom trend channel but because we are in consolidation phase in the middle of a upward trend channel, I would simply just wait for a confirmation to continue upward.

25 ต.ค. 2019

บันทึก

25 ต.ค. 2019

บันทึก

After further analysis. I am expecting a break through the current resistance and onto new highs towards 2.0.