EURNZD AROUND A RESISITANCE ZONE!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/NZD BEARISH REVERSAL FORMED!
As we can see price is sitting around a strong resistance zone!, where we will be looking for new bearish movements!
Meanwhile, price is still overall bullish, specially after breaking above the marked swing high,
For now, and for the bears to kick in we need a momentum candle close below the marked swing low, then a movement lower would be expected.
1-2 Risk To Reward Ratio from a risk management perspective.
Until that price is still overall bearish and price can still trade lower and lower before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EUR/NZD BEARISH REVERSAL FORMED!
As we can see price is sitting around a strong resistance zone!, where we will be looking for new bearish movements!
Meanwhile, price is still overall bullish, specially after breaking above the marked swing high,
For now, and for the bears to kick in we need a momentum candle close below the marked swing low, then a movement lower would be expected.
1-2 Risk To Reward Ratio from a risk management perspective.
Until that price is still overall bearish and price can still trade lower and lower before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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