FX:EURNZD   Euro / New Zealand Dollar
-Fib level
-weekly trend up
-demand zone
- restest dailly TL
- weekly TL
Entry at 6867?
@karimovd, 1.68648
TP 1.74
move SL to BE if there is a big bullish move
and then let it run
+1 Reply
Is this still looking like a BUY?
@Anthony9207, if the lower trendline holds yes otherwise the daily trend has been broken + the wick in the demand zone there are still buy orders from banks and hedgefunds the morge agressive the move down the better NFP is comming aswell should help it push up imo i have 5 reason to enter this trade only looking for 4 reasons it's a good trade in odds are in your favor.. if you took this kind if trades 100 times u would be in profit after the 100 trades..
@Anthony9207, if the trendline breaks i'm looking for pullbacks to go to the downside
@Anthony9207, very important to put your sl at break even is there is a push to the upside this could be seen as a pullback to go further down so take the risk away and let it run
@Anthony9207, i take 2% risk per trade..
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