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FedericoSellitti

EURNZD short. Price out of the range!

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
FedericoSellitti Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD range sideways breakout candlestickpattern Candlestick analysis
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trendanalysis chartpattern indicator eurnzd range sideways breakout candlestickpattern candlestickanalysis
EURNZD out of the range for the second time, after a small retracement.
Last candlestick on the M15 also confirms that sellers are determined to push the price down, leaving the range that we had for the past 3 days.
Comment:
Trade just formed a new lower low. I moved the stop loss to entry point so I won't risk anything on the upcoming news for EUR.
Trade closed: target reached:
Closed 5 pips before the take profit because there's the news on the GDP for EUR coming in 10 minutes and didn't want to risk an entire profit of 50 pips just for other 5 pips of profits.
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