Eur-Nzd Two Stones One Trade news Trade .
Hi All ,
If there's no news tonight from NZD i would have Enter this trade using M1 , However Patient is needed here if we want to get good reward .
So let me explain the scenerio here .
First price is stuck at H4 resistance , so obviously a slight pullbacks buyers taking profit before news . News at 23:45pm UK time . if positive we should have a red candle down till Support at 1.66619 Where i'm setting my buy Limit with SL 1.66048 .
Not selling this pair , as price has rejected the downtrend , So only looking for buy opportunities.
If News is Negative I have set my buy stop from 1.68302 sl 1.67989. H1 Support .
Hope we catch the pips .
If there's no news tonight from NZD i would have Enter this trade using M1 , However Patient is needed here if we want to get good reward .
So let me explain the scenerio here .
First price is stuck at H4 resistance , so obviously a slight pullbacks buyers taking profit before news . News at 23:45pm UK time . if positive we should have a red candle down till Support at 1.66619 Where i'm setting my buy Limit with SL 1.66048 .
Not selling this pair , as price has rejected the downtrend , So only looking for buy opportunities.
If News is Negative I have set my buy stop from 1.68302 sl 1.67989. H1 Support .
Hope we catch the pips .
Trade active
Trade active:
I hope you all enjoyed the pips :) Lock your profit .
Trade closed: target reached