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EURNZD - SHORT - 4H - PULLBACK SETUP
Euro / New Zealand Dollar
Short
EURNZD - SHORT - 4H - PULLBACK SETUP
By Thorm
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Apr 6, 2018
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Apr 6, 2018
Last couple of months price tried to break above 1.71 but failed and now it has collapsed and looking bearish (in short term anyway)
So looking at the price-action in daily and 4h it looks like a good sell.
- Pullback
- Price decelerating and made a high-test candle
- Fibonacho looks good?
Sell-limit at 1.69
Stop-loss at 1.694 (reasonably safe stop)
Takeprofit at 1.675 or all the way at 1.655
Candlestick Analysis
Support and Resistance
Trend Analysis
Thorm
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