EURNZD Fib Inversion trade

FX:EURNZD   Euro / New Zealand Dollar
31 0 2
Fib Inversion Trade: We have few things showing that we reached a reversal point of high probability
- Ratio confluence
Fib Ret 78.6
Fib Ext 127.2
Fib inv 161.8 (last downtrend move on h1 chart)
- Rsi Overbought
- 2 Resistance levels above
- Higher time frame downtrending
- Reversal candle formation almost completed
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