Bearish EURNZD for next 3 hours Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Jul 31, 2017 11:14 AM

1. Intracycle trend happening here. Price action seems to indicate a ranging channel as highlighted by the big blue rectangle.
2. If it breaks the top, we go long. Vice versa if it goes through the bottom!

Trade closed: stop reached

⋅ Jul 31, 2017 3:12 PM

Woah, this one reversed big time. Go long!