EURNZD the danger of thinking short

Please look at the monthly chart, I see the last impulse bullish moving literally in straight line and then correction in form of flag, wavy and long correction and once it break the flag, the move seems bullish non stop. While we might get something shorting it, it is presented more danger of being stopped out prematurely, thus I prefer to think bullish on this pair and I expect that the target is 1.618 Fibo extension on monthly chart.

Now I have my bias and just looking for long opportunity until the market reverse and show me that I am on the wrong side.