📊 EURNZD – Bearish Setup (H2 Chart)
Pair: EURNZD
Timeframe: 2H
Bias: Short Position
🔎 Market Context:
Price recently rejected from the 2.02521 – 2.03250 resistance zone.
Sellers appear to be stepping in as bullish momentum weakens.
Structure points to a possible continuation lower if rejection holds.
📌 Trade Plan:
Entry Zone: 2.02521 – 2.03250
Stop Loss (SL): Above 2.03250
Take Profit (TP): 2.00366 (previous support / liquidity area)
⚖️ Risk-Reward (RR):
Approx 1:3, aligning with weekly trade management.
📅 Setup valid for Oct 6 – Oct 10, 2025
⚠️ Disclaimer: This chart idea is for educational purposes only, not financial advice. Always manage risk before trading.
Pair: EURNZD
Timeframe: 2H
Bias: Short Position
🔎 Market Context:
Price recently rejected from the 2.02521 – 2.03250 resistance zone.
Sellers appear to be stepping in as bullish momentum weakens.
Structure points to a possible continuation lower if rejection holds.
📌 Trade Plan:
Entry Zone: 2.02521 – 2.03250
Stop Loss (SL): Above 2.03250
Take Profit (TP): 2.00366 (previous support / liquidity area)
⚖️ Risk-Reward (RR):
Approx 1:3, aligning with weekly trade management.
📅 Setup valid for Oct 6 – Oct 10, 2025
⚠️ Disclaimer: This chart idea is for educational purposes only, not financial advice. Always manage risk before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.