EURNZD: Price Action For More Short Momentum
Welcome traders, to this new trading idea!
We are looking at the EURNZD pair on the daily chart right now. Last week we saw a trend reversal with a massive bearish momentum to the down side.
As we look on a higher timeframe, we expect the new trend to establish and look for a potential reversal to enter this trade.
A potential entry point for this short is 1.71350, where we marked the arrow. After that with a confirmation we will be entering an order.
We will keep you guys updated in the comment section how the pair moves and when we enter a trade.
Wishing everyone a great week and happy profits!
We are looking at the EURNZD pair on the daily chart right now. Last week we saw a trend reversal with a massive bearish momentum to the down side.
As we look on a higher timeframe, we expect the new trend to establish and look for a potential reversal to enter this trade.
A potential entry point for this short is 1.71350, where we marked the arrow. After that with a confirmation we will be entering an order.
We will keep you guys updated in the comment section how the pair moves and when we enter a trade.
Wishing everyone a great week and happy profits!
Order cancelled
Price did miss our zone by some pips and moved lower. There will always be another opportunity!Note
Price can reverse into our zone and sell down from there. Lets seeTrade active
Potential Short from our zone is still valid.Trade closed: stop reached
No price action here. Maybe another time.
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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.