Hello everybody!
I've been "studying" EUR/NZD for some time and I decided to start my own thread (which is also my first thread).
So we have a descending channel and a buy is to be waited only if the price rises over 1.8680. Otherwise we wait a sell after confirming this level. We also can see now a divergence on M15 which is a sign of a possible rising.
If the level of 1.8625 is confirmed, then we have a sell sign.
If the price goes under the level of 1.8540, the descending trend will continue at list with 50 pips.
Waiting for your opinion.
P.S. Excuse my english :
I've been "studying" EUR/NZD for some time and I decided to start my own thread (which is also my first thread).
So we have a descending channel and a buy is to be waited only if the price rises over 1.8680. Otherwise we wait a sell after confirming this level. We also can see now a divergence on M15 which is a sign of a possible rising.
If the level of 1.8625 is confirmed, then we have a sell sign.
If the price goes under the level of 1.8540, the descending trend will continue at list with 50 pips.
Waiting for your opinion.
P.S. Excuse my english :