Fxprotrader
Short

EURNZD Key Level To Go Short

FX:EURNZD   Euro / New Zealand Dollar
1232 7 57
Price is heading up and will soon may reach a key level where there is a great probability to reverse. For a cheeper setup you may wait for a bearish setup to complete at that level. Fore those who follow my setup, stoploss and profit targets as shown at the chart. Remember to move stoploss at breakeven at second position.

Like and follow for updates..!
Trade active
Trade closed: target reached: Move your stoploss at breakeven at second position for a risk free second trade..!
Trade closed manually: Price is moving in sideways and we may have an uptrend very soon. For those who are still in this setup you may close second position manually at the level of the first target

Here you go some context of the structure and a potential trade. Minimum Risk/Reward 7.5/1 but likely IF we move lower we are going to take out even daily low. IF we break higher, wait for consolidation and buy continuation.
Hope the IF=THEN scenario is clear.
Reply
TimStuyts TimStuyts
Reply
Fxprotrader TimStuyts
I really like your chart Tim, well done..!
Reply
Thank you
Reply
Fxprotrader Batman-oz
You are welcome
Reply
from what i see on daily this will going uptread
Reply
You may buy then.. This is a 60min chart..!
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out