EURNZD: Key Level & Pullback for FX:EURNZD by VasilyTrader — TradingView

Trend Analysis Chart Patterns Technical Indicators signals Technical Analysis euro newzealanddollar NZD EUR trading EURNZD USD

trendanalysis chartpattern indicator signals technicalanalysis euro newzealanddollar nzd eur trading eurnzd usd

snapshot

morning, traders!

EURNZD reached a key daily/4h structure.
the market is overbought with divergence on 4H and chances are high that it will retrace.

on 1H the price has formed a double top formation and broke below its minor support on 1H.

based on that I entered short on retest.

Goal - 1.7473

Stop - 1.7668

Risk - 0.5%

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