EURNZD Sell (around 300 pip target)
We have a Weekly and Daily Bearish Momentum,
Tested the daily resistance zone at 1.78793,
Next target area is on the daily support zone at 1.76509,
H4 M formation (Double top),
H1 price closed below MA50, Entry areas are 1.78000 - 1.78200
M30 price closed below Middle BB,
H4 next target is Middle BB zone around 1.75000 (TP level)
We have a Weekly and Daily Bearish Momentum,
Tested the daily resistance zone at 1.78793,
Next target area is on the daily support zone at 1.76509,
H4 M formation (Double top),
H1 price closed below MA50, Entry areas are 1.78000 - 1.78200
M30 price closed below Middle BB,
H4 next target is Middle BB zone around 1.75000 (TP level)
Comment:
I did violated the formation of HH HL, that is the reason why this setup is invalidated