EURNZD Fade: Darvas Boxes - Channel Containment

This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers

Trade active:

Trade closed: target reached:

First target reached: Moving SL to Breakeven

Trade closed manually:

EUR rallied to breakeven after a nice drop to T1: +0 pips