maxbayne

EUR/NZD for Bearish as correction wave for General Up Trend

Short
PEPPERSTONE:EURNZD   Euro / New Zealand Dollar
General Trend as Daily Frame is Up Trend and current wave is correction wave
i think correction wave will reach to level 50% Fibo so we search for short trade
the current H4 Trend is Down so we will go short with that down trend as correction wave for up general trend (daily trend) ad take target between 50 % and 61.8 Fibo Levels

so go short and take target of level 1,2 and don't open high lot because we walk against up general trend (daily) we just walk with correction not with general trend

have fun :)
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