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Niverto
Jul 3, 2018 8:45 AM

Short EURNZD on weekly resistance Short

Euro Fx/New Zealand DollarFXCM

Description

Nice area to watch for a potential bearsih move.
Be very careful as the trend is bullish. First target will move the stop to BE and see if we can reach target 2.
I will wait for the 1H + 4H engulfing candles to close to decide wether the down move is valid otherwise if the candles do not confirm I will invalid and close my sell entry.

Happy trading

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