Short EURNZD to 1.65150
Candle looks like spinning top. Resistance at 1.68000.
Chinkou has entered cloud and looks to be flattening. After strong break from Kumo price needs to test support of Kumo
Price is far from Kijun on 4H, when the Kijun is flat, price is coming back.
Strong probability this retraces back to 1.65150 area as that is the 50% fib retracement, top of the kumo at 1.65500 and monthly Kijun at 1.65467
Chinkou has entered cloud and looks to be flattening. After strong break from Kumo price needs to test support of Kumo
Price is far from Kijun on 4H, when the Kijun is flat, price is coming back.
Strong probability this retraces back to 1.65150 area as that is the 50% fib retracement, top of the kumo at 1.65500 and monthly Kijun at 1.65467
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