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Setupsfx_
Feb 11, 2024 2:51 AM

EURNZD: Second Entry Worth Possible 500 Pips: what do you think? Long

EUR/NZDOANDA

Description

Hey Everyone,

EURNZD with our first buying entry that we had posted that turned out to hitting our Take Profit area, now we are expecting the same similar movement. Price has formed AB=CD pattern. In this scenario, price most of the time create a opposite big movement in our case it can give us a nice bullish impulse, helping us to gain 500 pips at least. There are two entries, first one with a greater risk and second entry is much safer, it is up to you which one to take.

Trade active

Comment

-From our target one, our trade was 200+ PIPS up. Though, price has came down sharply. We now can expect price to move and bounce from our second entry area.

Comment

300+ PIPS moving well!

Trade closed: target reached

507+ pips target hit successfully. close completely.

Comments
LegionQ8
Sadly your analysis didn't happen, but anyway thank you for your job! 😉
BKTradingAcademy
I am bearish at the moment but I like your idea and see the potential opportunity coming. Thx!
Setupsfx_
FirstNameHelen
Hi! Unfortunately, the price went down, so what movement can be next? 👀
Setupsfx_
@FirstNameHelen, -From our target one, our trade was 200+ PIPS up. Though, price has came down sharply. We now can expect price to move and bounce from our second entry area.
Serana2324
great setup
Setupsfx_
@Serana2324 thank you
MadWhale
agree here
Setupsfx_
@MadWhale great
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