ForecastCity

Hunt this long-term Sell opportunity of EURNZD, Don't miss it!!

Short
ForecastCity Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.7065 to 1.7265), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (1.7065)
.Ending of entry zone (1.7265)

Technical analysis:
.A trough is formed in daily chart at 1.6645 on Wed, 01/24/2018, so more gains to more heights is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 56.

Take Profits:
TP1= @ 1.6925
TP2= @ 1.6760
TP3= @ 1.6625
TP4= @ 1.6360
TP5= @ 1.6205
TP6= @ 1.6020
TP7= @ 1.5690
TP8= @ 1.5255
TP9= @ 1.4535
TP10= @ 1.3875
TP11= @ Free
Trade active:
TP2 HIT!!
Closed Trades:
TP1= @ 1.6925
TP2= @ 1.6760

Take Profits:
TP3= @ 1.6625
TP4= @ 1.6360
TP5= @ 1.6205
TP6= @ 1.6020
TP7= @ 1.5690
TP8= @ 1.5255
TP9= @ 1.4535
TP10= @ 1.3875
TP11= @ Free
Trade closed: stop reached:
Break-even
Trade Setup:
We opened 11 Buy trade(s)

Closed Profit:
TP1 @ 1.6925 touched at 02.06.2018
TP2 @ 1.6760 touched at 02.20.2018

9 other break-even trades closed at entry price, therefore no profit no loss.
Trade active:
EURNZD , weekly update: New trades in the previous forecast
 

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