EURNZD SHORT IDEA

Pair Name : EURNZD
Time Frame : 15 MIN
Scale Type : SMALL

price has broken structure to the downside on the 1 min and 5 min and is now trading at a 4hr resistance area and has created a false break above the 4hr high

Reason for trade


Price trading at 4hr resistance ,

price has created a false break above the 4hr high




price has made a significant retracement into the 61.80 area

Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!