Hey traders! EURNZD is in the midst of a short term abc zig-zag correction and is nearing a level of potential reversal. I have a tight stop semi-conservatively beyond the pinbar support and invalidation level adding to the probability of success. If price drops below pinbar, we have to recount and reconsider our long position. More updates to come!
Trade active
Trade is active and order is filled!Note
Nice bounce! Stop moved to B/E after a gain of about 50 pips:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.