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Trade Idea By Adnan
Dec 04 at 10:25
50流覽
1 Replies
Dec 04 at 10:29
Short Sell Analysis – EURNZD (4H)Price has broken the long-term ascending channel, showing trend reversal from bullish to bearish.After the breakout, price retested the broken trendline and got rejected — a perfect sell confirmation.Price is trading below all EMAs, and EMAs are turning bearish (downward slope).RSI is below 50, indicating sellers are in control with room for further drop.Market structure shifted to lower highs and lower lows.There is clean liquidity below, giving strong downside targets.
📌 Conclusion:This is a strong sell setup after trendline break + retest + EMA rejection, targeting the support near 1.9630 with a safe SL above 2.0400.
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