EURNZD - Rising Wedge meets Supply Zone
Updated
We're approaching Supply Zone now along with recent crossing of SlowEMA makes this prime for a drop.
If EMA holds,
Expect further to the upside (1.78160 range)
If EMA holds,
Expect further to the upside (1.78160 range)
Trade active
Moved SL from 1.77610 (-43.4 pips) to 1.77676 (-50 pips)To give the position a bit more breathing room.
Comment
OLD SL PositionNEW SL Position
Trade closed: stop reached
Will stay on the sidelines and look for re-entry opportunities for a short.Disclaimer
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