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MatildaK
Dec 20, 2017 10:32 AM

EURNZD Potential Shorts on H4  Short

FX:EURNZD240
Euro Fx/New Zealand DollarFXCM

Description

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Price has broken out of Daily ascending channel and retested twice. Indication of change in trend. RSI also signaling overbought status. Good risk to reward ratio. Wait for Daily close for confirmation- watch out for shooting star/ doji on D1 close.

Trade closed: target reached

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