EURNZD - Short Term SELL

Hi everyone ,

This is my plan for a short on EURNZD ,

As per my analysis price is forming a flag pattern around a key rejection area ,

1.6500 area has been touched many times and it could become weaker. .

I'll be waiting for a formation of at least 3 swings around the 4H Trendline (Yellow),

Then open a SELL position after the break of the previous lower high with a 2-1 RRR .

Good Luck everyone


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Trend Analysis

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