EURNZD SHORT TRADE IDEA ON DAILY TIME FRAME

Hello Traders,

The BIAS Trend on this pair is remaining bearish?

After moved in consolidation within the ranges and succeed to breaks the recent support at the area zones highlighted, currently the price looks gained some liquidity in order to continue their trends.

However, I will wait for the daily candle close in order to see how the market respected in the recent zones and confirmed it as a new high of resistances.

Therefore I might suggest using a lower time frame to find a good entry by ideal risk and rewards with your core principle of trade strategy.

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***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.

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Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.


Thank you for your support!