EURNZD made a pullback, and it's going down with a major trend.
It is trading in the descending channel, making lower lows lower closes.
There's a kill zone to short at the resistance level, 38.2% fibo level.
We expect a bearish and complete completion of the potential AB=CD pattern.
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It is trading in the descending channel, making lower lows lower closes.
There's a kill zone to short at the resistance level, 38.2% fibo level.
We expect a bearish and complete completion of the potential AB=CD pattern.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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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.
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.
