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ernsos90

EUR/NZD short, BOS on H1 & M15 and it's in the sell zone.

Short
Euro / New Zealand Dollar (FX:EURNZD)  
ernsos90  
FX:EURNZD   Euro / New Zealand Dollar
Support and Resistance Trend Lines Multiple Time Frame Analysis
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supportandresistance trendline mtfa
EURNZD

Monthly TF is bullish but it is also at the Monthly key level and it is showing buyers exhaustion. 5 days left in this month before the monthly candle is close. Daily TF is showing a Head & shoulder pattern on the line chart while is still at the monthly key level. H4 candle is closing in 45 min, and if it closes a full bearish candle then that would confirm the BOS on H4. H1 BOS happened already we are still waiting for the retest. On M15, we miss our first sell opportunity this morning but there's always other opportunities out there. We are just waiting for retest before enter the market again.

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