EURNZD: Multi Time Frame Analysis & Trading Plan
Morning guys!
EURNZD is retesting a key daily structure.
due to a current bearish sentiment on the pair, we are short biased here.
moreover, daily structure matches perfectly with a recent 4H/1H structure and we see a double top with a lower high formation on that!
as always, our trigger is a bearish breakout of minor structure support 1.7765 (1H candle close below).
then we short on retest or aggressively and let the market drop lower.
target levels:
1.7692
1.7615
remember that the pair may coil in a range for many hours!
in addition to that, bullish breakout is also possible!
then the setup will be just invalid :)
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.