Description
⋅ EURNZD has made a huge move down and now its just pulled back up to the resistance filling a crab pattern.
The pattern has a nice risk to reward ratio as the resistance is strong on the weekly chart as well....
A nice place to short at 'D'....
With stops at 1.618 extension of 'XA'......
and
Target 1 at .382 retracement of 'CD'...
Target 2 can be trailed.....