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safri

Bearish Harmonic near structure - EURNZD (60mins)

Short
Euro / New Zealand Dollar (FX:EURNZD)  
safri  
FX:EURNZD   Euro / New Zealand Dollar
Harmonic Patterns harmonictraders Bearish Butterfly Butterfly potentialreversalzone PRZ
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harmonicpatterns harmonictraders bearishbutterfly butterflypattern potentialreversalzone prz
Hello Traders,

I have spotted Bearish Butterfly Pattern on EURNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.27XA, AB=CD, 2BC and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse.

Follow this idea for further updates.

Happy Trading!
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