Beschreibung
⋅ EURNZD has reversed after retracing 50% of the most recent bearish impulse leg.
We also have a large bear flag that has been broken, and a small bear flag that has been broken as well.
Take profits are as follows:
TP 1: Most recent support
TP 2: 1.272 Extension of AB impulse leg
TP 3: 1.414 Extension of AB impulse leg & AB=CD pattern completion point