straps

EURNZD approaching weekly resistance

Short
straps Updated   
FX:EURNZD   Euro / New Zealand Dollar
I'm opening 3 little orders for a total risk of 3% (1% each) of my account shorting EURNZD.

I think it will bounce back to main resistance shown on chart.

If first order TP will be reached I will move SL of other 2 orders to breakeven.
If second order TP will be reached I willl move SL of last order to first order TP.

Waiting for 1.73 placing limit orders could also be a good idea.

Good luck
Trade active
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.