Are you READY?

Something very interesting will happen with Eur pairs within several days from now, maybe few weeks.

One of the pairs to watch and to trade is the EURNZD which is reaching extremely strong reversal area.

It is impossible to put a finger on the exact level where the retrace will come from but if you take a look on the chart below, you will see that inside the range of the resistances the pair could also meet 200 MA and long down trend line.

I also build a bearish hidden divergence so the down move, at least back to 20 MA and the uptrend line is only question of time, not a question of it.

Here is the chart:

Good luck

Yours,

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.