Hi everyone ,
This is my plan for a short on EURNZD ,
As per my analysis price is forming a flag pattern around a key rejection area ,
1.6500 area has been touched many times and it could become weaker. .
I'll be waiting for a formation of at least 3 swings around the 4H Trendline (Yellow),
Then open a SELL position after the break of the previous lower high with a 2-1 RRR .
Good Luck everyone
V
This is my plan for a short on EURNZD ,
As per my analysis price is forming a flag pattern around a key rejection area ,
1.6500 area has been touched many times and it could become weaker. .
I'll be waiting for a formation of at least 3 swings around the 4H Trendline (Yellow),
Then open a SELL position after the break of the previous lower high with a 2-1 RRR .
Good Luck everyone
V
