📊 EUR/NZD | 1H Analysis
Bearish confluence stacking up:
🕯 Evening Star candlestick pattern printed at the 38.2% Fibonacci retracement
〽️ Elliott Wave count showing waves i–iv complete — looking for wave v down to finish the 5-wave sequence
📉 Wave v target completes Wave C — potential reversal zone after that
The contrarian edge:
⚠️ 80% of retail traders are currently LONG on EUR/NZD
That's not a reason to buy. That's a reason to sell. When the crowd is this one-sided, smart money is usually on the other side. 🧠
Invalidation: Close above the 1.9675 level — that flips the structure. great risk reward ratio for this trade
Bearish bias until wave v completes. Once 5 waves are done I'll be watching for a reversal setup to go long. 🔄
⚠️ Educational purposes only. Always manage your risk. Not financial advice.
Bearish confluence stacking up:
🕯 Evening Star candlestick pattern printed at the 38.2% Fibonacci retracement
〽️ Elliott Wave count showing waves i–iv complete — looking for wave v down to finish the 5-wave sequence
📉 Wave v target completes Wave C — potential reversal zone after that
The contrarian edge:
⚠️ 80% of retail traders are currently LONG on EUR/NZD
That's not a reason to buy. That's a reason to sell. When the crowd is this one-sided, smart money is usually on the other side. 🧠
Invalidation: Close above the 1.9675 level — that flips the structure. great risk reward ratio for this trade
Bearish bias until wave v completes. Once 5 waves are done I'll be watching for a reversal setup to go long. 🔄
⚠️ Educational purposes only. Always manage your risk. Not financial advice.
Trade Smart. Manage Risk. Master Patterns – Your Trade Buddy
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Trade Smart. Manage Risk. Master Patterns – Your Trade Buddy
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.