DanielParra99

EURNZD (Potential Sell From Top) -Daily

שורט
DanielParra99 מעודכן   
FX_IDC:EURNZD   יורו / דולר ניו זילנד
Used some Support and Resistance to confirm overlaps between prices and we can see how each completion retraced to some kind of support. First at left side there's a flag inside ABCD Pattern (B-C) which gave us D completion at -0.27 for our sell back to support where flag was formed (point C).
After that it went bullish forming a Pullback (pullback at -0.618 from flag), I measured bullish pullback by placing 0.236 at top and bought at 0.618 towards -0.27 which gave us our Higher High, right at -0.27 another ABCD Pattern began with same type of flag inside B-C, we can see D came back to support where -0.618 is and pullback began for bullish continuation (inside consolidation).
Now I expect to sell from top of this big consolidation.
Good Trading.
הערה:
Trade still active with perfect retest at resistance.
Good Trading. Daily Chart

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