EURNZD Short 500+ PIPS

Updated
Ranging market with price at upper supply zone.

Price at strong supply zone marked in Blue rectangle with current resistance met at the red line.

Entry at current price
SL at just above the supply zone at around 30 -40 pips to allow market to breath.
Tp 1 at green line which is previous structure.
Tp 2 at bottom of range for a possible 500+ pips.

*Never risk more then 1%*
Note
Closing half the position at 329 PIPS!! Profit letting the remaining run to TP2.

Moved SL to 1.79930 meaning a move back to this SL would still give us a 250 pip profit on the original move on the remaining 50% position size.
Trade closed: target reached
Chart PatternsEURNZDpipsrangetradingshortSupply and DemandTrend Analysis

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