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Wevesting
May 17, 2019 8:08 AM

EURNZD, A CAUTION SHORT. Short

Euro Fx/New Zealand DollarFXCM

Description

For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an SL.

Best of lucks,

GlobalYouthTrading

Comment

If price closes above our resistance level, consider the setup cancelled.
Comments
Foreign_Teej
I like this idea. matches up with a lot of traders on my team. here's mine
aemcrypto
great!
IgorPorokh
@GlobalYouthTrading Buddy cool strategy. I think everything will work out
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