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Euro / New Zealand Dollar
Short

EURNZD Short Idea

By FX333
Updated
EURNZD Short Idea
Trade active
EURNZD Short trade opened at 1.72074
Trade active
You can close trade at break even as Asia session has opened and price will be volatile for the next hour.
Trade closed: target reached
Trade closed at 80 pips profit. You can let it run to 100pips if you want, but there might be a lot of retracement.
Comment
This trade has already closed at 80pips profit. But as you can see, we perfectly predicted a retracement as when it hit 80pips profit, price bounced up 25+ pips straight away.
Trade closed: target reached
Those who held trade for 100pips, it's just hit 100pips. Beautiful risk reward, with only 17pip drawdown.
Trend Analysis

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