EURNZD short when market opens

FX:EURNZD   Euro / New Zealand Dollar
108 0 9
Hi all,

On the EURNZD             chart we can see a few things that makes me believe that market is going to reverse to the downside.
  • Bearish trendline
  • 38.2 fib of the move between may 2015 and sept 2015
  • 61.8 fib of the move between sept 2015 and dec 2015
  • 61.8 fib of the move between jan 2016 and dec 2015
  • Previous structure

Entry: 1.67239
Stop: 1.69
Target 1: 1.6364
Target 2: 1.615
Target 3: 1.588

Best of luck!
Trade active
Comment: Target 1 hit. Moved stop to entry.
Trade closed: target reached: All 3 targets hit.
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