View On EURNZD D1 (05/11/2019)
My view on EURNZD:
- MACD & ATR is decreasing to the bottom now => Volatility and momentum of price is decreasing
- Price action on D1 turned from rectangle to descending triangle
- Bollinger Band squeezed
- My prediction is price will break through 1.7321 (support level) and down to the next support level (1.7000)
Thanks for reading !
- MACD & ATR is decreasing to the bottom now => Volatility and momentum of price is decreasing
- Price action on D1 turned from rectangle to descending triangle
- Bollinger Band squeezed
- My prediction is price will break through 1.7321 (support level) and down to the next support level (1.7000)
Thanks for reading !
Note
Target 1 reached, 140 pips and so far
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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.