EURNZD short entry as the market opens
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Hi traders,
On the EURNZD I'm looking to enter short as soon as the market opens. What do we see on this chart?
Entry: 1.15219
Stop: 1.53163
Target: 1.47032 = R:RR 2.17
Good luck guys! Updates will follow.
On the EURNZD I'm looking to enter short as soon as the market opens. What do we see on this chart?
- The red trendline got broken, so we can expect a bearish move.
- It took price 4 days and 8 hours to drop 1.83% (and break the trendline) and 5 days and 12 hours just to go up 1.03%, indicating that the bears are in control.
Entry: 1.15219
Stop: 1.53163
Target: 1.47032 = R:RR 2.17
Good luck guys! Updates will follow.
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