EURNZD SHORT
EN has been in a downward channele for quite some time. After the clear breakout of the channel I'm expecting a nice strong move downwards. Price is currently retesting on the bigger timeframe ( 4H ) at the golden fibonnaci zone. Price is also under the EMAS which is more confluence that price may be headed downwards. I have entered off the rejection and will set trade to BE and take partial profits at 0.00 % Extension. Lets see how this one goes throughout the night with the London session opening up now. I will check back at the trade during the London/New York session overlap.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.