EURNZD - SHORT - 4H - PULLBACK SETUP

Last couple of months price tried to break above 1.71 but failed and now it has collapsed and looking bearish (in short term anyway)

So looking at the price-action in daily and 4h it looks like a good sell.

- Pullback
- Price decelerating and made a high-test candle
- Fibonacho looks good?

Sell-limit at 1.69
Stop-loss at 1.694 (reasonably safe stop)
Takeprofit at 1.675 or all the way at 1.655

Candlestick AnalysisSupport and ResistanceTrend Analysis

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