Hello traders, as we take a look at EURNZD, we have a nice potential sell set up. Price swept liquidity, but when we look further to the left we can see that the high was never broke. This is leading me to believe we are very much in a bearish market currently and price may have some distribution to the downside.
Good luck traders! be sure to use proper risk management!
CipherFx.
Good luck traders! be sure to use proper risk management!
CipherFx.
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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.