eur nzd short after neckline break

-We see a pretty nice SHS formation while price is breaking through the neckline support
-the rising Trendline is already broken this indicates a possible shift in direction
-we also have a falling rsi divergence giving us some more confirmation

patience is the key so as long as price didnt break the neckline there is no need to do anything
a new higher high will invalid the set up and we have to revaluate the situation again

Yorum:

keep ya eyes open for a retest and pullback entry ....

or will we see a invalidation of the shs ......time will show