Great chance to get short EUR/NZD 1hr chart Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Oct 6, 2016 1:45 PM

This pair are currently at a level that has been tested multiple times and has been rejected.
We also have bearish divergence on the RSI, this trade has a great risk / reward ratio.

Entry was at 1.5659

Stops are at 1.5705

Target 1 is at 1.5529

Target 2 is at 1.5448

Trade active

⋅ Oct 6, 2016 4:43 PM

Comment

⋅ Oct 7, 2016 12:45 PM

Target 1 hit for + 121.8 pips

Stops rolled to break even for target 2

Trade closed: stop reached

⋅ Oct 7, 2016 6:18 PM

Target 2 stopped out for break even