EURNZD: Trading Plan & Bearish Continuation
hey guys,
for many days EURNZD is testing a major falling trendline.
on 4H the price has formed a descending triangle formation with a sequence of lower highs and horizontal support.
it looks like selling volumes are accumulating for the next push to the downside.
wait for 4H candle close below 1.742 to catch the next bearish impulse.
trade on retest or aggressively with stop above the last lower high with the triangle.
initial target level - 1.73
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