EURNZD - CLEAR BEAR MARKET Short
Euro Fx/New Zealand DollarFXCM
Description
⋅ EURNZD H8
We have now tapped off a key supply zone, on top of that, we have multiple H8 and H4 wick rejections to the upside + H4 and H8 divergence on MACD.
Previous stop hunt has been fulfilled in my opinion as well.
Could be a very nice +400 pip decline, I'm going to close majority of my positions at +120 pips and ride a small lot down risk free as much as I can.
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
@PipsOfPersia
t.me/pipsofpersia