EURNZD, 2hr timeframe, sell on zone retest
Hello my friends,
Another interesting setup for today is EURNZD. Price made a double top previously and go down for 110 pips since it broken through the support.
This support now turned into resistance and price currently retesting it.
EURNZD also has broken below the trend line, so I could say the short term trend is now bearish.
Sell EURNZD 1.8055
Stop loss 1.8120
Take profit 1 @1.7950
Take profit 2 @1.7880
RR ratio is 1 : 2.5
Risk only 1-2% of your equity
Move stop loss to entry once it hit TP1
Good Luck
Another interesting setup for today is EURNZD. Price made a double top previously and go down for 110 pips since it broken through the support.
This support now turned into resistance and price currently retesting it.
EURNZD also has broken below the trend line, so I could say the short term trend is now bearish.
Sell EURNZD 1.8055
Stop loss 1.8120
Take profit 1 @1.7950
Take profit 2 @1.7880
RR ratio is 1 : 2.5
Risk only 1-2% of your equity
Move stop loss to entry once it hit TP1
Good Luck
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