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EURNZD H4: BEST Level to SHORT/HOLD +600 pips(SL/TP)(SWING)

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD H4: BEST Level to SHORT/HOLD +600 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 2000 pips downside still
remains. recommend to SHORT/HOLD IT.


🔸 Summary and potential trade setup
::: EURNZD H4 chart review
::: distribution in progress
::: SHORT/HOLD TP is +400 pips
::: 400 pips downside remains
::: higher TF overview - review my previous setup
::: BEARS will target premium price level
::: BEARS will take from 7000
::: expecting pullback / re-test of 1.6400
::: for now SHORT IT / NEAR 7000
::: TP BEARS +600 pips final TP 6400
::: recommend to SHORT/HOLD TP 1.7000
::: recommended strategy: SHORT/HOLD 1.7000
::: TP1 BEARS +600 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1.6400 fresh demand zone
::: 1.7000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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