EURNZD Weekly view to go long
I have been following this pair for some time now with a weekly view of it heading back up...
this week I found a good entry point right at the lows on the 4h chart. I had 2 positions on this, Part 1 already hit 1:1 and I have moved Part 2 to BE for a free trade basically.
I have an initial target for Part 2 as shown, but will be moving that higher as Im giving it room to move around because I am expecting this to test and maybe break the weekly highs. Will be using a trailing stop to exit with.
this week I found a good entry point right at the lows on the 4h chart. I had 2 positions on this, Part 1 already hit 1:1 and I have moved Part 2 to BE for a free trade basically.
I have an initial target for Part 2 as shown, but will be moving that higher as Im giving it room to move around because I am expecting this to test and maybe break the weekly highs. Will be using a trailing stop to exit with.
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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.