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Euro / New Zealand Dollar
Short

EURNZD, A CAUTION SHORT.

By Wevesting
Updated
For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an SL.

Best of lucks,

GlobalYouthTrading
Note
If price closes above our resistance level, consider the setup cancelled.
EURNZDeurnzd4hreurnzdanalysiseurnzdbearisheurnzdforecasteurnzdselleurnzdshortForexforextradingSupport and ResistanceTrend AnalysisTrend Lines
Wevesting

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