Hey traders,
Here is an update for my previous post on EURNZD.
Earlier the pair has violated a strong daily key level to the downside.
I was looking for the confirmation to short it
and finally, it looks like it is found.
The pair has found a local resistance on 4H and set equal highs,
forming a double top formation.
1.6675 is its neckline.
I am waiting for 4H candle close below that to short.
Goal will be 1.653
In case of a new higher high formation, the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.