Fxprotrader

EURNZD: High Probability Sell Setup

Short
Fxprotrader Updated   
FX:EURNZD   Euro / New Zealand Dollar
Median line analysis combined with fibonacci give us a solid sell zone where price looks like is rejecting. For those who follow this exact setup, stoploss and profit targets are shown in the chart. You may also wait for a sell setup to complete in this level based on your strategy.

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Trade closed: target reached:
Move stoploss to BE at second position
Trade closed manually:
Price has formed a flag pattern and it may soon begin a rally. We take profit at about the same level of the first profit target
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