Euro / New Zealand Dollar
Short
Updated

Bearish Continuation

41
I'm already short on this pair from 1.62486 - however, a bearish flag/pennant formation is forming and I believe there is still room to get in for a little over 200 pips. Stop loss can be placed above the flag (inner blue lines) or above the crossing MA's.
Trade closed manually
Trailing stop triggered

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.