EURNZD short idea R/R 1:3.1
Updated
wave 5 of C of (Y) could unfold lower
minimum target previous low = green line
drop could accelerate down to 1.414/1.618 of (W) in wave (Y) = blue rectangle
trend is there to confirm the target
minimum target previous low = green line
drop could accelerate down to 1.414/1.618 of (W) in wave (Y) = blue rectangle
trend is there to confirm the target
Note
move stop to breakeven and enjoy
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.