Currency Pair: EUR.NZD Time Frame: Daily & 4hr Predicted Direction: Short
Live EUR.NZD updates will be available in the comments section below
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This is a pair you should take caution if looking for a short opportunity. Price has failed to reject the resistance at 1.7200 and i feel price will now make an additional bullish impulse prior to a reversal.
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A perfect example of why you should wait one more day for the additional confirmation. I will now await deceleration prior to any pending order placement.
I almost shorted last night but price action was just too bullish, I knew it wouldn't hold, I took a short this morning at 1.73720
UnknownUnicorn180388
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@AEFX786, I agree, not enough of a reversal signal.
I hope all went well your end :-)
eastardust
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I'm holding my SELL position from 14 Nov. This is my fault. I did not expect the price will go up. I read much analytics in tradingview.com said that it will go down. But when? T.T
UnknownUnicorn180388
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@eastardust, Always stick with your plan from a return and psychological aspect.
There is potential downside coming but i will await more confirmation.
Thraia
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@eastardust, hi! If your equity and margin can still hold your position that's not a problem. This pair sure has a downside. I too is still holding my sell position. :)
eastardust
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@jtiwag, @tomhall, yes of course, i've top up back to add equity. Honestly, my position this time train my psychology aspect.. T.T
we have learned a lot of you and I highly recommended your material and ur signal to the smart people only this week I gain more information and more than 40 k usd from following u , we can not win all the time this the life keep on sir
UnknownUnicorn180388
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@muhmasry, Really appreciate the message, that's it work on probability in your favour over a long period of time :-)
Have a great weekend.
muhmasry
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@tomhall, Hey I am waiiting the new Stratgy tom and I'll Call it TOM storm :)