SergeantPringles
Short

EURNZD - 1H - Consolidating

FX:EURNZD   Euro / New Zealand Dollar
49 0 5
Im not interested to buy EURNZD             for obvs reasons, but we have a very nice setup here if we manage to break below current consolidation
Trade active: target setup
Comment: if we break the currently consolidation i will be lookign to bring my stops above it, so nearly breakeven.
thats why im also looking for a addon to the position below it
Trade active: addon active. stops for original position above the highs of the orange consolidation, so nearly breakeven.
targets for addon are the same as with original breakout(maybe i change this up abit. i keep u updated)
Comment: TG1 hit for origial position and addon. stop to breakeven for both
Comment: All stops above the recent swing. due to stops being set to breakeven earlier today, they werent really in a structure based place and overall weirdly placed in comparison to structure. so i happily book a little more profits by improving my stops.
now lets see if we can make lows for the month
Comment: second addon in sight.
Trade active: second addon active
Comment: by the way. stops of original position and addon (as well as second addon ofc) a few pips above recent flag/round number at 6400. dont wanna see the start of a bigger retracement here, which would most likly carry us all the way to the blue channel or the latest white box again.
and that is more profitloss than i am willing to risk.
Comment: if we break this flag to the downside i will pull my stops of the latest addon(but only those) above the this flag, which would put me at 0 risk again.
so im also selling this as a third addon.

probably my last tho since i dont wanna have 4 addons for target 2 and dont wanna look for more addons beyond target2

Comment: lost its shape - broke to the upsid, so no further addon so far here.
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