EURNZD - Rising Wedge and Falling Awesomeness
EURNZD has made an impressive from from 1.3800 - 1.5400 but we have yet to see a correctional movement or wave pattern south. I'm liking the looks of this rising wedge and have a pending sell at 1.5055. It's a combo of the rising wedge break and H&S Pattern if a short shoulder forms this week without taking out the 1.5400 high. IF 1.5400 is taken out I'll be interested in identifying resistance levels of indecision candles with strong divergence.
Chris Pulver
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