TradingView
FUNTRADER-Vera
May 31, 2018 4:32 PM

EURNZD: just add one more tp on this pair Short

Euro Fx/New Zealand DollarFXCM

Description

Traders,

This is the most successful trade for us that we short almost on the top of the blue box and had our target 1,2,3 hit with 510 pips. And now the last tp is 1.65 ,waiting for the final hit.

Actually on weekly chart,we could see a lower down to 1.61 for another 400 pips.
But right now the blue line could be a structure support area where price could go correction.
The blue box is totally a double bear top that wont allow price to make a new high recently. And the weekly broken trendline confirm a longtime bear is on this pair now . All we want is to finish the trade and wait for another good entry to short it again for another 500 pips.

Less is more!
Comments
Ehsan1991
are you going to keep it for next week ?
elfarouk-fx
LOOKING FORWARD TO
More