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Fxprotrader
Jan 6, 2017 12:40 PM

EURNZD Flag Breakout Offers a Great Sell Opportunity Short

Euro Fx/New Zealand DollarFXCM

Description

Price has dropped in a impulse after bouncing from a slide parallel of a median line, and is now seems to break below the correction after the impulse. Selling the breakout is a nice idea with sl and tp as shown at the chart.
Comments
silmaril
Would you sell also from resistance slide parallel? Around 1,52300. Would be also triple top.
Fxprotrader
@silmaril, You still need a setup in order to go short.. So in case it reaches the paraellel, just wait for another setup to complete.. Most likely next week..
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