marck023
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EURNZD - Short

FX:EURNZD   欧元/纽元
EURNZD            

We can see that this pair approached a big resistance area and is a good place to take a short trade. The RSI is also overbought and I put the SL 30 pips above the high of the wig             and the risk:rewar ratio is just insane on this one, so I am very comfortable to take this trade now before waiting for confirmation. You can wait for a break of the channel that I drew just for confirmation to take the trade. If it breaks to the upside it can go as far as the 1.8000 level.

Have a nice trading day :)
交易结束:到达止损:
snapshot


Now I am looking for a pullback to go long in this pair
thanks for idea
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marck023 tkrivickas
@tkrivickas, My pleasure ;)
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marck023 tkrivickas
@tkrivickas, Look for my USD/JPY idea. It may also interest you
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what are you now thinking? I have open shorts from yesterday, so thinking what to do ...
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marck023 tkrivickas
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marck023 marck023
@marck023, I think it will go and touch the 1.272 fibonacci extension before it makes a pullback around the green box areas, before it continues to go up again. So, I was stopped out of my position as you can see in the original post, but it only gives me the signal that the market tends to keep moving farther away
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really waiting for short at this moment :) Today not god NZD news, tomorrow Draghi speech. Hope it will go down :)
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marck023 tkrivickas
@tkrivickas, Yes, indeed. That is why I decided to take this position right away :) Hope we get some pips here!
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