EURNZD NEUTRAL BAIS

٢٣ فبراير ٢٠١٩

A nice short occur at the 78.6 of the last impulse to the downside which is also a touch of a mini bearish trend-line. my bias is very clear looking at the chart, i am currently looking to open a long position as soon as the market open,with a stop-loss below the support as we can see that we are actually retesting the broken support and a retest of broken TL, also at the 61.8 fib of the impulse that act as a retracement for the last impulse to the downside.. target areas are my arrows, if by chance we break to the downside , we look for a retest of support Nd TL, he take short down, as we have a bullish broadening wedge forming which is a reversal pattern once broken.