EURNZDI am a little bit confused about this case, we can both see this TLR - Trendline retest in 4 H chart with rejection on the daily trendline and also a Bearish flag and seems to be a great short oppertunity with a retest of the daily bottom trendline before making a more bullish move upwards.
But at the same time we also have a big Bullish flag with three tests of the daily trendline and were we also can see the moving average 8, 21, 50 in daily on it way underneath an up the daily candle witch also can lead to the big bullish flag to get a bullish breakout directly on the daily trendline (bullish (ABC) oppertunity).
