EURNZD 240 short opportunity - RSI break and tweezer top Short

EUR/NZDOANDA

Description

⋅ Aug 29, 2019 11:04 AM

* Break below RSI trendline
* Tweezer top at HH / triple test; above BB

=> SL 20 pips above HH
=> Set SL to BE at 1.73539
=> Final TP @ 1.72390, RtR = 1.5

Trade active

⋅ Aug 29, 2019 11:08 AM

Trade closed manually

⋅ Sep 2, 2019 4:48 PM

Manual exit at $8.67 profit:
PA honored support 1.73539.
Dynamic support at 78 EMA.
RSI at oversold condition.

Small profit > large loss in my philosophy.