morning, traders!
EURNZD reached a key daily/4h structure.
the market is overbought with divergence on 4H and chances are high that it will retrace.
on 1H the price has formed a double top formation and broke below its minor support on 1H.
based on that I entered short on retest.
Goal - 1.7473
Stop - 1.7668
Risk - 0.5%
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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 ⭐
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.