Euro / Dólar Neo-zelandês
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EUR/NZD H4 Short Play

78
Watching price at Daily zone of Resistance right now.
Two scenarios I see happening here (or a 3rd one and price goes all the way up!).

1. A clear sell signal could occur here which could trigger my short position (Shooting star for example).

2. Price pulls back to the H4 Fibonacci 50.00%/61.80% which is in alignment with my Daily Fibonacci 50.00%.
- When this happens be aware of the Daily Support level to be broken again.

Target zone is described on the chart.

When the Price meets the Ascending Trend line I see it going up from there since on a long term bias I am Bullish EUR/NZD.


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