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Simple_Renko

EURNZD Long Setup

Long
Euro / New Zealand Dollar (OANDA:EURNZD)  
Simple_Renko Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Supply and Demand Trend Lines
2
0
supplyanddemand trendline
See callout bubbles for explanation ; )
Comment:
Didn't buy in the light green area, however, I have entered a EURNZD short at around 1.7265 which is currently looking okay.

Ideally, I do want to buy EURNZD, and this trade is still valid, but I would like to see if I can ride this pair down short before entering Long.
Trade active:
I'm currently short EURNZD with plenty of profit, so I'm not planning to take these entries anymore, but rather stay short and see if we can hit the low at around 1.6700. Stop has been moved down to lock in profits.

Always measure your risk and be okay with being wrong ; )
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