Short

EURNZD - Rising Wedge meets Supply Zone

Updated

We're approaching Supply Zone now along with recent crossing of SlowEMA makes this prime for a drop.

If EMA holds,
Expect further to the upside (1.78160 range)

Trade active

Moved SL from 1.77610 (-43.4 pips) to 1.77676 (-50 pips)

To give the position a bit more breathing room.

Note

OLD SL Position

NEW SL Position

Trade closed: stop reached

Will stay on the sidelines and look for re-entry opportunities for a short.

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