Yemi_FX1 | Short for EURNZD
Price is in the state of consolidation in the form of a horizontal channel. Waiting patiently for price to test the upper line with a bearish confluence.
I'll be considering
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
I'll be considering
- A Risk entry type at the top of the bearish structure at an area of value.
- Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
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.