DAVID_GIRALDO

eurnzd buy setup

Long
FX:EURNZD   Euro / New Zealand Dollar
6
eurnzd is about to break out of this channel. if price manages to pullback, we can get an entry. i expect and prefer the pullback to be somewhat sharp rather than a sideways movement. may pullback to 38.2 or 61.8. i most likely will not trade this setup as it does not yet match my risk to reward apetite but its still a good setup so i still post it. who knows maybe price action gives me a very good entry this week and i do take the setup
Trade active:
bought after i saw the big candlestick rejection off the 38.2. sl was placed under the candlestick rejection. gave me an ideal r/r so i entered.
entries are no longer valid though.

David K Giraldo
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