EURNZD SHORT
Daily:
- H&S + Bearish W (Pattern in Patttern)
- Deceleration from the price at selling region with huge impulses in the past
- Clear Switch of Momentum where bears are kicking in right now (clear on 4H)
*IC can work as a magnet for a structural retest from the price
Weekly:
+ FIB
+ ZONE
- MS
/ LCC
*We can clearly see the impulse and A-B-C pullback right now, where the -27 FC aligns with a strong S&D zone
*Bigger weekly impulses are to the downside (2 weeks vs 17 weeks)
4H:
- Bearish MS
- Clear Impulse and correction
- Impulse is to the downside, waiting for correction now
Entry criteria => Daily limit