EURNZD SS Post News Long Trade + 100 Pip Potential
Updated
We had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 1.6752 (High) and 1.6698 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS
Entry = 1.6699
Stop = 1.6679
Risk = 20 pips
Profit target = 1.6799
Reward = +100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
Entry = 1.6699
Stop = 1.6679
Risk = 20 pips
Profit target = 1.6799
Reward = +100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
Note
Just to be clear, you can trade the breakout above with an entry of 1.5658 BUT only AT or AFTER the European open at 2 am est. (indicated by the red dotted vertical line). Please do not enter a breakout trade before the European open.Order cancelled
Unfortunately this pair has done nothing and New York is now open. I am going to cancel this trade at this time.
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