EURNZD 15 Min Potential Cloud breakout
Monthly and Daily Direction is Bearish
on the 60 this pair has formed a double top, shown by the Yellow line (unfortunately I can not show, on the 15, the 1st instance of resistance without losing detail)
This trade still needs 2 of the 4 requirements, so is at least 90 min away from setting up.
Cloud breakout requirements:
1. Cloud Breakout - Still need
2. Have a TK cross :)
3. Chikou is closing below price :)
4. Future Kumo twist - still need
** Additionally, need a close below the daily Tenken Sen (Red line)
Entry parameters will be provided once all the Criteria are met
on the 60 this pair has formed a double top, shown by the Yellow line (unfortunately I can not show, on the 15, the 1st instance of resistance without losing detail)
This trade still needs 2 of the 4 requirements, so is at least 90 min away from setting up.
Cloud breakout requirements:
1. Cloud Breakout - Still need
2. Have a TK cross :)
3. Chikou is closing below price :)
4. Future Kumo twist - still need
** Additionally, need a close below the daily Tenken Sen (Red line)
Entry parameters will be provided once all the Criteria are met
Trade active:
This trade has not been triggered yet but
the Setup is complete with the following entry Parameters;
Entry = 1.6695
Stop = 1.6750
Risk = 55 Pips
PT = 1.6530
** at 1.6565 (just before the prior low) you may want to take some of your position off
the Setup is complete with the following entry Parameters;
Entry = 1.6695
Stop = 1.6750
Risk = 55 Pips
PT = 1.6530
** at 1.6565 (just before the prior low) you may want to take some of your position off
Trade active:
This trade has now been triggered and is active :)
Trade closed: stop reached:
Although it went our way initially, didn't get to where ewe needed it to :(