Analysis for swing traders:
1.676 - 1.68 is a major former support going back to November 2017. This is a major shadow with many lines inside. EURNZD was resisted since the last 3 weeks. On top there is a 6-month range. All this calls for short.
Analysis for day traders:
Since EURNZD was stuck here for 3 weeks go for range play between current 2 shadows. Better strategy is to follow the short swing flow discussed above once it is established.
Notes: Technical Analysis states that previous turning points offer future potential support resistance zones.
1. Attach a horizontal line at each turning point in the past 12 months on weekly chart.
2. These lines leave a shadow.
3. Shadows are not evenly dispersed but tend to be clustered.
4. When multiple shadows confluence in a tight range, there is a dark shadow which will provide strong support resistance.
5. Look for dark shadow to offer next turning point.
6. Price will move quickly through empty spaces or bright areas.
1.676 - 1.68 is a major former support going back to November 2017. This is a major shadow with many lines inside. EURNZD was resisted since the last 3 weeks. On top there is a 6-month range. All this calls for short.
Analysis for day traders:
Since EURNZD was stuck here for 3 weeks go for range play between current 2 shadows. Better strategy is to follow the short swing flow discussed above once it is established.
Notes: Technical Analysis states that previous turning points offer future potential support resistance zones.
1. Attach a horizontal line at each turning point in the past 12 months on weekly chart.
2. These lines leave a shadow.
3. Shadows are not evenly dispersed but tend to be clustered.
4. When multiple shadows confluence in a tight range, there is a dark shadow which will provide strong support resistance.
5. Look for dark shadow to offer next turning point.
6. Price will move quickly through empty spaces or bright areas.
註釋
Failed.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。