EURNZD short - 13 Oct 2016 14:08

Entry:
Short @ 1.55959 after 2nd bearish reversal day candle off daily resistance at 1.57093

SL:
Set at 50% of signal candle

TP:
Set at 50% of fib level of 2nd bearish reversal candle

Comment:

Update - 18 October 2016:
- Currently 240 pips in money
- Price briefly touches the 1.53 round number area, on 4 October which a bullish reversal candle occurred

Action Plan:
- Move SL to entry level
- See how 18 October 2016 candle close in reaction to the 1.53 area to determine changes in the intial 1.522 TP

Comment:

Update - 19 October 2016:
Trade TP at 1.524 with about 360 pips gain :)

Trade closed: target reached:

Update - 19 October 2016:
Trade TP at 1.524 with about 360 pips gain :)