Here Is My 4H EUR/NZD Chart , as we see we have a very good closure below our Last support , now this support broken and we have a very strong bearish breakout candle that confirmed the price will continue to downside at least For 100 Pips , so we can enter a sell trade when the price go up a little to retest the broken support and new res and targeting the next support @ 1.98300 cuz maybe we will see a reversal movement when the price reach this support or before touch it , so we can targeting 100 to 200 pips and using a decent stop loss , if we have a daily closure above my old support this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 8H Closure .
Reasons To Enter :
1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 8H Closure .
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