Hello traders, today we have a lovely setup for EURNZD, this trade is a rentry from our first analysis. You can see where the first reversal was identified after the break of the bearish trend. For this entry I have gone for a larger risk then normal so I will use a smaller lot size for this to lower the risk all together. Our overall target is 360 pips profit, with a 45 pip risk making the R:R 1:8 which is still rather high considering we are using a larger risk.
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