EURNZD Setup

Good morning traders! Here's why we're selling EURNZD πŸ‘‡

1. 4H Trend is Bearish πŸ”΄

The big picture is pointing down. We always trade with the trend, not against it.

2. Double Break of Structure on 1H

Price broke below key levels twice on the 1-hour chart. That's a strong confirmation that sellers are in control.

3. Entry from the Breaker Block 🎯

Price pulled back up into a key resistance zone (the Breaker Block) Γ»that's where we took the sell for the best possible entry.

G
@godswillfx - 1 week ago

This is how far the trade is going.

This was just pure technical analysis

Directional Bias, structure, liquidity and POI