possible short after retracement ( downtrend continuation)
POSSIBLE SHORT AFTER THE BREAK OF 200 MA AND CONFIRMATION
IF EURNZD BREAK AND CLOSE BELOW 1.78500 I WILL SHORT TARGET 1.74680
i will look for short at the break of tenkan, our kijun is break, if the price broke the tenkan i will look in the chikou span to see if i have the confirmation (break of kijun 26 period in the past)
Date de sortie Fin de la période BPA / Prév. Performance / Prév. 21/04/2020 03/2020 -- / 1,63 -- / 5,74B If the result was the same or better we can expect an uptrend for Netflix i will look for a retracement befort go lon around 50/62% fibonacci zone.
my main scenario look for a buy around 1.75 below i will look for short opportunities, with ichimoku analysis we see that chikou span cross tenkan sen its an alert if it break kijun it will be a sell signal if we have other confirmation, our rsi in the H4 is under 50.
my preference up trend continuation after break of 1.25300 with target 1.26120 in extension 1.27300 and 1.29 alternative scenario: below 1.24 short positions with target 1.23500 in extension 1.23 and 1.22