MGYtrader

Natural before TL

Short
MGYtrader Updated   
FX:EURNZD   Euro / New Zealand Dollar
Correction after impulsive down move in daily.
the last move a bit bullish (impulsive) and i'm expected to continuetion to the up side, but the 3th touch looks like Hober pattern.
Even this is the 3th touch on the bullish correction the TL is juat a guide, the natural of the market is first and it's looks like a bear flag pattern.
(Management can be aggressive because the bullish move )

Daily:
Comment:
3th in the small correction, ivolve and update the orders:
Comment:
SL to entry.

Trade closed: stop reached:
Unlucky, few min after moved the SL this happend.
Close in BE.
Comment:
Finally, moved up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.