yin888

High probability long trade on EURNZD

Long
yin888 Updated   
FX:EURNZD   Euro / New Zealand Dollar
Price is at bottom of channel. We could see a potential bounce here.
A good 1:10 R:R ratio for this set-up. I have multiple TPs but a very tight SL of just 30 pips.
Trade active
Comment:
Remember to shift your SL to entry so that this trade is a risk-free trade now.
Trade closed: stop reached:
Took some profits at 50 pips and got stopped out when price hit SL (in slight profits)
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.