Hello Traders,
I have spotted Bearish Butterfly Pattern on EURNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.27XA, AB=CD, 2BC and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse.
Follow this idea for further updates.
Happy Trading!
I have spotted Bearish Butterfly Pattern on EURNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.27XA, AB=CD, 2BC and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse.
Follow this idea for further updates.
Happy Trading!