EURNZD Bearish Channel Trendline Bounce
already experienced rejection at the 61.8% retracement that was in confluence with resistance which formed the right shoulder of a head n shoulders reversal pattern. descending channel represents overall weakening in price. looking to respect descending channel trend. TP1 is in confluence with support. TP2 is in confluence with descending channel support. View previous long term trade idea on Weekly chart l i n k e d
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