EURNZD 20/8/23
EURNZD has become one of our main pairs after we back tested over 12months of PA and had increased returns, now we follow this pair on a daily basis!
super simple sell range here so we are going to go for a short at our POI if we meet our entry requirements, NOW as we have such a large range we are using a confirm entry to get the best idea of price dropping or leading us higher.
cons are good for this range, liquidity, POI high volume, bank zone at our POI and overall clean break of the last range.
**KEY NOTE**
Jackson hole meetings this week that always shake up the markets so please keep an eye on that event!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
super simple sell range here so we are going to go for a short at our POI if we meet our entry requirements, NOW as we have such a large range we are using a confirm entry to get the best idea of price dropping or leading us higher.
cons are good for this range, liquidity, POI high volume, bank zone at our POI and overall clean break of the last range.
**KEY NOTE**
Jackson hole meetings this week that always shake up the markets so please keep an eye on that event!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
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