EURNZD Sell Idea
H4 - Double wave up, second leg is developing we may expect the price to reach the magnet zone.
H1 - Small double wave up forming. Currently a flat correction is happening and we may expect one more push to the upside with bearish divergence to form.
Once the price reaches the magnet zone we can go short with the breakout of the most recent uptrend line.
Aggressive Setup:
If you want to be more aggressive then look for the last part of the H1 double wave up on the M15 chart to reach the magnet zone with bearish divergence. We can then enter this trade with the breakout of the most recent uptrend line.
H1 - Small double wave up forming. Currently a flat correction is happening and we may expect one more push to the upside with bearish divergence to form.
Once the price reaches the magnet zone we can go short with the breakout of the most recent uptrend line.
Aggressive Setup:
If you want to be more aggressive then look for the last part of the H1 double wave up on the M15 chart to reach the magnet zone with bearish divergence. We can then enter this trade with the breakout of the most recent uptrend line.
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