EURNZD - Bears out
EURNZD is currently in a downtrend channel and inside a strong structure area consisting of .707 & .786 fibs and previous significant support & resistance.
Sell Entry: 1.63950
Take Profit: 1.62368 - Which happen to be at the 1.27 extension and at strong structure.
Stop Loss: 1.65086 - Put it ~20 pips above last high in contact with the channel.
Like and follow greatly appreciated!
Sell Entry: 1.63950
Take Profit: 1.62368 - Which happen to be at the 1.27 extension and at strong structure.
Stop Loss: 1.65086 - Put it ~20 pips above last high in contact with the channel.
Like and follow greatly appreciated!
Nota
Take Profit 2: 1.61827Nota
Daily timeframe and how TP target interacts with the marketNota
Trade playing out perfectly. Bounce of channel and only bearish candles, up 80 pips so far. Target is 158 pips.Nota
20 pips left for TP1Trade chiuso manualmente
Closed trade at +80 pips.
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