Hello Everyone, EURNZD is on a bull trend right now but RSI is indicating we may be near the end. Price is almost at its Ext. lvl but failed to reach it previously, a good indication that this wave may hit and reverse from there. Pay attention to corrective price action as it approaches the high
RSI showing Divergence as Price approaches the Ext. Entry order placed.
Triggered.Waiting for it to continue dropping and form a correction so SL can go to BE
4hr RSI is Extremely Bearish
Booked my profits for now. Seems price is pulling back, will re enter when it forms another TCP
Trade closed manually:
Closed for 300 pips of profit
will re enter after a correction