Fading the CrowdEuro/New Zealand DollarFX:EURNZDPatternEdge📊 EUR/NZD | 1H Analysis Bearish confluence stacking up: 🕯 Evening Star candlestick pattern printed at the 38.2% Fibonacci retracement 〽️ Elliott Wave count showing waves i–iv complete — looking for wave v down to finish the 5-wave sequence 📉 Wave v target completes Wave C — potential reversal zone after that The contrarian edge: ⚠️ 80% of retail traders are currently LONG on EUR/NZD That's not a reason to buy. That's a reason to sell. When the crowd is this one-sided, smart money is usually on the other side. 🧠Invalidation: Close above the 1.9675 level — that flips the structure. great risk reward ratio for this trade Bearish bias until wave v completes. Once 5 waves are done I'll be watching for a reversal setup to go long. 🔄 ⚠️ Educational purposes only. Always manage your risk. Not financial advice.