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YoJah

Daily EURNZD Long Wait for Bounce

Long
Euro / Dollaro neozelandese (OANDA:EURNZD)  
YoJah Aggiornato   
OANDA:EURNZD   Euro / Dollaro neozelandese
Chart Patterns Technical Indicators Wave Analysis
4
0
chartpattern indicator waveanalysis
Wait for retest of 150 EMA , Bottom trend channel, or volume move upwards to confirm continuation. trading the counter trend is extremely dangerous at this point.
Commento:
Correction, I meant to say complex 4th wave, not third wave. Complex 4th wave is almost complete and we are waiting for a 5th wave confirmation upwards.
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Can short this to the 150 or 200 MA and bottom trend channel but because we are in consolidation phase in the middle of a upward trend channel, I would simply just wait for a confirmation to continue upward.
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After further analysis. I am expecting a break through the current resistance and onto new highs towards 2.0.
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