EURNZD 60 Short
EURNZD is currently in a buyers trend on the 60, But sellers just did a 100% pullback.
The reaction from the buyers are weak and it seems it is barely able to reach the previous S/R.
Looking to short near prices on the previous breach.
Things to expect.
1. if prices were to test the breach with alot of strength , i will standby and fade the momentum before considering a short.
2.Prices fails to reach the breach and goes south. Standby and wait for the pullback again.
The reaction from the buyers are weak and it seems it is barely able to reach the previous S/R.
Looking to short near prices on the previous breach.
Things to expect.
1. if prices were to test the breach with alot of strength , i will standby and fade the momentum before considering a short.
2.Prices fails to reach the breach and goes south. Standby and wait for the pullback again.
Trade active
entered at 1.70700Note
SL at 763. looking to move it down to 730Note
moved SL to 730Note
Moved SL to 0Note
stopped. looking for re entryNote
Re entered , SL at 768Note
stopped out.Note
Re entered at 833 SL at 930Trade closed: target reached
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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.
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.