EURNZD, H1 - 12?31?24.
Drawing fibonacci from last fvg created to previous high.
Price will retrace to next bid level, - fib 382 retracement, for bearish continuation.
Confirmations -
Level to retest - fib 382 retracement.
Level not to break - fib 382 retracement.
Trade Invalidity -
Change in market direction will be confirmed when price breaks 'price-point', 1.85252, and retests. Price must maintain level to continue bull-trend.
- FX_Dispenser,
You're Welcome.
Price will retrace to next bid level, - fib 382 retracement, for bearish continuation.
Confirmations -
Level to retest - fib 382 retracement.
Level not to break - fib 382 retracement.
Trade Invalidity -
Change in market direction will be confirmed when price breaks 'price-point', 1.85252, and retests. Price must maintain level to continue bull-trend.
- FX_Dispenser,
You're Welcome.
Note
Leave a comment if I should make more market analysis.
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