EURNZD Possible Trendline Bounce/Break

18 dic 2016

In my opinion, the price either bounces off the trendline and continues to go lower, or it breaks the trendline (closed candle above on H4/D1/W1) and continues up to my line "H4 Resistance" which is about .56560. But that is a very long-term and I might come back to update the progress. What I personally believe more is a trendline break out and reaching the H4 Resistance line. Share your ideas with me! If you have anything vaulable to say towards my trading, please do! I want to become better since I am a beginner. Thanks!

19 dic 2016

Nota

Price coming to my Support lines which might as well act as Resistance lines now, however as I mentioned, I expect the price to come to the Trendline and according to closed candles above/below the Trendline it either goes up or down.

22 dic 2016

Nota

Price approaching the trendline and weekly support, lets see!