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HayatoDragonFX

EURNZD, 2hr timeframe, sell on zone retest

Short
Euro / New Zealand Dollar (FX:EURNZD)  
HayatoDragonFX  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD eurnzdshort eurnzdanalysis eurnzdforecast eurnzdsell zone zonetrading eurnzdsetup
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trendanalysis chartpattern indicator eurnzd eurnzdshort eurnzdanalysis eurnzdforecast eurnzdsell zone zonetrading eurnzdsetup
Hello my friends,

Another interesting setup for today is EURNZD. Price made a double top previously and go down for 110 pips since it broken through the support.
This support now turned into resistance and price currently retesting it.

EURNZD also has broken below the trend line, so I could say the short term trend is now bearish.

Sell EURNZD 1.8055
Stop loss 1.8120
Take profit 1 @1.7950
Take profit 2 @1.7880

RR ratio is 1 : 2.5
Risk only 1-2% of your equity
Move stop loss to entry once it hit TP1

Good Luck
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