Hello everyone:
EURNZD is back on my watchlist as we have now forming into a possible bearish continuation correction for more downside.
We can see from the top of the expanding structure, strong bearish impulse down, and price begin to consolidate.
With a few swing highs and lows, double tops, ascending channel within this latest correction, indicating more possible downside move.
Wait for price to confirm impulse down, follow by continuation correction to confirm the setup.
Thank you
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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.