Euro / New Zealand Dollar
Short
Updated

EURNZD 240 short opportunity - RSI break and tweezer top

84
* Break below RSI trendline
* Tweezer top at HH / triple test; above BB

=> SL 20 pips above HH
=> Set SL to BE at 1.73539
=> Final TP @ 1.72390, RtR = 1.5
Trade active
Trade closed manually
Manual exit at $8.67 profit:
PA honored support 1.73539.
Dynamic support at 78 EMA.
RSI at oversold condition.

Small profit > large loss in my philosophy.

snapshot

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.