EURNZD: Short(ABCD+HA candle) or Long(Double Bottom + Bat)?
I have been choosing Bullish side for this pair for many weeks and months & I have loosen a lot of my capital because of it. I suppose that it is a fork stage now. If price stays above a "Double Bottom zone" I will reopen longs again, however I do suppose that Bearish direction for a pair is very probably because of ABCD pattern & very Bearish Heikin Ashi February candle so far.
Note
Note
A big divergence on 30m chart, so Shorts looks much safer due to my opinion. Note
A divergence has increased: Trade active
I keep longs of EURNZD. Let's look if it is a mistake or not.Order cancelled
The dangerous asset. A rigorous risk management is mandatory.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.