🔸Hello traders, let's review the 4hour chart for EURNZD today.
All previous setups hit TP, congrats if you followed.
🔸Right now EURNZD trading at 7830, expecting further losses
until we trigger 4 hour BB zone at/near 7700. Retrace incoming
to trigger overhead 4 hour OB zone at/near 7920.
🔸Bulls will setup a bear trap after break of structure / break of
last weekly low, then expecting reversal to trigger fresh overhead
liquidity before the pullback/correction resumes.
🔸Recommended strategy for EURNZD: LONG/SHORT sequence,
LONG at/near H4 BB 7700 SL 7660 TP 7920 +220 pips, part two
of the sequence short from H4 OB at/neat 7920 SL 7960 TP is
7560 bullish H4 heavy order block, for reference see price chart.
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