Fxprotrader
Short

EURNZD: High Probability Sell Setup

FX:EURNZD   Euro Fx/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.

Thank you very much for your support..!
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
Nice chart. Would you kindly show entry, sl and to prices? Or I should enter now?
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Fxprotrader Tycoonuz
It is shown to the chart.. If you want to follow my setup you may enter now, otherwise you may trade it on your own strategy
+1 Reply
I have been waiting for a LONG for a while, I will follow on this SHORT for the time being. Thanks for sharing and welcome back!
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Long term i agree with you that this pair is bullish.. But for now this sell setup seems a nice one..! Thank you :)
+1 Reply
fxfxfx Fxprotrader
yep, 1.60-1.64 levels soon(ish) But now I am hoping to make some pips with your SHORT idea and go LONG after reaching ur 2nd target ;)
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i agree as my one day analysis suggest so
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Fxprotrader famousgod
Great to know mate, thank you :)
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Your in for a surprise here
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Fxprotrader Liamfeltham
What do you mean?
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Sitting on strong support here don't think we are going lower, looks good to long especially after weekly close
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Fxprotrader Liamfeltham
Let's see what happens next week.. Thank you for your comment :)
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Liamfeltham Fxprotrader
But I'm long so I do have some bias, otherwise I really like the look of your trade nice work
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Fxprotrader Liamfeltham
Thank you :)
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Congrats that has confirmed long in my books though now
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nice trip mate ....
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