EURNZD - Bullish Trend Momentum with Over Extended Buying Wave
EURNZD - Over Extended Buying Wave, the Trend Momentum has turned to Bullish
Over Extended Buying Wave in Bullish Momentum, with a Progressive Increase in Volume.
The spike up will get stopped soon. The hesitation to advance will normalize the overbought condition, decreasing the volatility.
Later, it will tend to show Bullish Trend Pivots.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future result
Over Extended Buying Wave in Bullish Momentum, with a Progressive Increase in Volume.
The spike up will get stopped soon. The hesitation to advance will normalize the overbought condition, decreasing the volatility.
Later, it will tend to show Bullish Trend Pivots.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future result
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Girolamo Aloe - girolamoaloe.com/
FB - facebook.com/aloe.girolamo/
IN - instagram.com/aloe.girolamo/
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