Here is a new SHORT signal on EURNZD : Entry : 1.64091 SL : 1.66750 TP1 : 1.61690 TP2 : 1.59895 TP3 : 1.58100
Reasons for this short : TDI is showing standard breakou but this pair didn't break the current fib, so extra cautious here. On weekly a pullback is possible to the 1.61ish that's why I'm opening this trade. 4H seems to quit oversold territory without much impact to PA, that could lead to furtherbreakdown.
Trade with your own diligence, GL HF
Trade closed: stop reached
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One of my biggest fail trade. Divergence on 4H was prelude for big move up finally.