🔸Hello traders, let's review the 1hour chart for EURNZD today. We are locked inside
trading range recently, currently trading near range highs, so risk/reward shifted
in bears favor, therefore recommend to focus on shorting rips/rallies.
🔸Trading range is defined by range highs at 7560 and range lows at 7440, premium
prices overhead at 7575 and 7600 and below at 7430 and 7400. Outlook remains
neutral as I expect price to trade locked in range to absorb recent losses in EURNZD.
🔸Recommended strategy for EURNZD traders: short sell at market / short sell rips/rallies
SL fixed at 7560 TP1 +50 pips TP2 +100 pips final exit at 7420. good luck traders.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
trading range recently, currently trading near range highs, so risk/reward shifted
in bears favor, therefore recommend to focus on shorting rips/rallies.
🔸Trading range is defined by range highs at 7560 and range lows at 7440, premium
prices overhead at 7575 and 7600 and below at 7430 and 7400. Outlook remains
neutral as I expect price to trade locked in range to absorb recent losses in EURNZD.
🔸Recommended strategy for EURNZD traders: short sell at market / short sell rips/rallies
SL fixed at 7560 TP1 +50 pips TP2 +100 pips final exit at 7420. good luck traders.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
t.me/syndicategold001
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.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.