Long Position For EURNZD
Updated
EURNZD was moving in the Descending Triangle Pattern. Every time this pattern formed, the potential for the next movement is between it breakout to the Top Channel or Bottom Channel.
But since we have a good tail for the incident in the Support Channel. I think its good for us to open Long Position, therefore I decided to open Long Position :
BUY @1.6415
TAKE PROFIT @1.6550
STOP LOSS @1.6350
It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
But since we have a good tail for the incident in the Support Channel. I think its good for us to open Long Position, therefore I decided to open Long Position :
BUY @1.6415
TAKE PROFIT @1.6550
STOP LOSS @1.6350
It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
Trade closed: stop reached
This time, I was wrong about the EURNZD. The movement was so fantastic, and I've got Stop Loss in this trade. Well, let's find another opportunity ;)
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