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UnknownUnicorn772665

EURNZD Short Trade *TRENDLINE AND FIB COMBO*

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Euro / Dolar New Zealand (FX:EURNZD)  
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FX:EURNZD   Euro / Dolar New Zealand
Trend Analysis Chart Patterns Wave Analysis EUR NZD EURNZD EURUSD USD shortsetup Fibonacci Retracement
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trendanalysis chartpattern waveanalysis eur nzd eurnzd eurusd usd shortsetup fibonacciretracement
Simple trend continuation short trade on EURNZD FX currency pair.

Price has been making lower highs on the 4hr for some time now. I am looking to take advantage of this and go short on the next rejection and lower high at the bearish trendline.

Fib 0.786 retracement level sits in that region as well.
1.66500 key level sits here and there is previous support/resistance in this area.

Stop Loss = Conservative 40 pips

Profit Target = Lower low and 1.6350 whole number

*** I will not enter until I see a nice 4hr rejection of the trendline & or Fib zone.
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UnknownUnicorn772665
EURNZD Short Trade *TRENDLINE BREAK & RETEST*
UnknownUnicorn772665
EURNZD Short Trade *TRENDLINE BREAK*
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