Boon2

EURNZD D1 Running Flat.

Short
Boon2 Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
D1 I'm looking at a running flat in the internal B wave at this stage. Internal wave C may not be over so a little cation is needed as it can become an expanding flat.

H4 We have bearish divergence.

H1 We have bearish divergence.

Look for sell setups against the A wave high on the lower time frames 1st targeting the low and 2nd TP 100fib.

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Comment:
H1 Chart, look for sell setups!
Comment:
H1 were getting close to breaking the top, D1 structure still hasn't changed. Looking for impulse down and bear flag to sell.
Comment:
So the structure has changed from a running flat to the expanding flat but it's still a corrective structure. Look for the sells!
Comment:
There is a false spike, it's not showing with my broker, all my short's are still in play at BE.
Let us know in the comment section if you were taken out on this false spike!

Trade still in play!

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