EURNZD has formed a very strong bearish engulfing on the weekly time-frame. Bearish Engulfing on the daily time-frame further confirms this entry. Bollinger Band outbreak confirms this trade setup. SL set at body high, TP set at previous lows. This is a long term trade.
Note
Currently up 180 pipsNote
Currently +370 pips profitDisclaimer
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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.