EURNZD - short continuation

2019-12-22 17:01:06

I see two possible entry areas - on breakdown, or first pullback somewhere to the red area and then continue down. For the time being this read area is quite large, below 2h and 4h charts make some more sense about entry - bearish Cypher plus rectangle break and retest. Main point of interest for target is 1.66.

2h chart:
https://www.tradingview.com/x/Qw1xp7F6/

4h chart:
https://www.tradingview.com/x/TCk1o5NB/

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)