EURNZD 4-Hour Downside Breakout

Been monitoring this for a while and there's currently a downside breakout. What makes this signal so strong is the confluence with the daily timeframe.

snapshot

The 1.7033 level is also a daily support (give or take). Since price is also breaching this level on the daily level, this signal is stronger than ever in my opinion. I am expecting further downside.

Clause de non-responsabilité