EURNZD - SHORT. Primary Target - 1.67100 Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Nov 10, 2017 6:56 AM

EURNZD - SHORT.
Primary Target - 1.67100
Stop Loss - 1.69000

Signals:
1) Completed Cypher Pattern (H1).
2) Price rejection of the EMA 100 (H4).
3) Candlestick Bearish Reversal Combination (H4).

Trade closed: stop reached

⋅ Nov 14, 2017 3:56 PM

Comments

MAKDXB

⋅ Nov 14, 2017 3:57 PM

Hi ,do you can open sell order from this point ?

Profit_Trader

⋅ Nov 14, 2017 4:16 PM

@MAKDXB, I would not recommend to sell from this point as price can easily hit 1.72150. If you still in this trade just wait for close level of current D1 candle. If D1 candle will be closed less than 1.70200, then you have a chance of a short trade...

MAKDXB

⋅ Nov 14, 2017 4:19 PM

@Profit_Trader, that what i thought , my Sl at 1.703 so might have chance and will reopen sell again in high level waiting the correction , and now Monthly R1 is holding it .you been amazing i am all the time following and learning from you .thanks