The EURNZD has been moving to the downside very aggressively for the past few days. The bears remain in control with lower lows being made day after day. Channel and Volume indicators confirm the strong bearish momentum. Price is too low to sell even though the bears continue to push the pair down. The plan is to wait for higher time frames first to confirm a...
While the Head and Shoulder pattern was used. The pattern waiting for identification is the King's Crown. I am awaiting confirmation on the market to continue to the downside heading to the D extension long term at 1.48000. Awaiting the sell-high opportunity. The direction of the highest probability is bearish. I will stay on the side until the crown has been...
