EURNZD bullish reversal this week
Updated
Hello traders:
Seeing similar reversal moves across AUD and NZD pairs mostly.
Here on EURNZD, there was the strong sell from the top, but did not continue downwards.
We then see price reacted to the previous lows, and a LTF reversal impulse up.
Latest price action shows us a potential inverse Head and Shoulder, and a continuation correction in the making.
I would wait for correction to complete and get in the buy to the next tops.
Thank you
Seeing similar reversal moves across AUD and NZD pairs mostly.
Here on EURNZD, there was the strong sell from the top, but did not continue downwards.
We then see price reacted to the previous lows, and a LTF reversal impulse up.
Latest price action shows us a potential inverse Head and Shoulder, and a continuation correction in the making.
I would wait for correction to complete and get in the buy to the next tops.
Thank you
Comment
HTF:Comment
Right shoulder breakout, look for more continuations.
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