ansfar

25-01-2024 _ Short Term Bearish Idea _ EURNZD H4

Short
ansfar Updated   
FX:EURNZD   Euro / New Zealand Dollar
Divergence on Rsi Indicator
Divergence on MACD Indicator

Divergence followed by Convergence.
This suggests a typical scenario of;

Pullback
followed by
Further continuation to the down side.
Trade active:
100 pips move from Entry thus far.
Clost 70% lot size
Move SL to Entey.
Trade closed: target reached:
150 pips move
TP hit
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