EURNZD SHORTReversal at the downward trendline on the 4H and the pair has formed a symmetrical triangle.
I expect the price to trade within this triangle and then hitting the first take profit before proceeding to take profit two to potentially form a double bottom.
Risk-Reward Ratio: 1:4.52
SL: 1.75785 ( -69.4 pip risk)
TP1: 1.73662
TP2: 1.71955
Eurnzdsell
Decision time for EUR/NZD💡Hello followers,
I will really apricate any likes and follows, that would help growing this channel.
EUR/NZD currently is ranging around mid line of descending channel. Let's wait and see where will price do. Stochastic shows us possibility of down movement however, we need more confirmation than that to enter this trade.
Let us know what you think about this idea.
Trade safe !
EURNZD. The currency will drop.Hi subscribers!
The price of the Euro will fall,
the key level delayed the fall,
but it will happen anyway soon.
As soon as the bidding begins,
a fall will occur.
Good luck to you.
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This idea does not provide the financial advice.
EURNZD. Sell zone above resistance level.Hello ladies and gentlemen.
After the weekend, the price of Euro will stop growing when it reaches the level of resistance
and falls to the target.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.