EURNZD SELL OPPORTUNITY Hey traders,
We have a nice opportunity to sell this pair
Let's see those reasons
Daily chart
Daily candle did not close above resistance
Hourly Chart
Before touching the resistance zone market made a small consolidate area,
And that touch would be the rejection
We have multiple targets
Trade safely with money management
Be happy
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Smallrisk
AUDNZD longsAUDNZD longs on the macro timeframe looking to get filled into a smaller area fitted around a consolidation move before the big leg up. We don't want to ideally take too much risk before we catch a big move, however I would like price to dip down into the middle of this previous consolidation move before we get our move up. Lets see what this week holds! Goodluck traders
Bat ProfitLooking for this Bat to end in profit. Small risk, big reward. About a 12:1. Buying at 61.37 with a 42 pip SL. Still in an uptrend overall and the market bounced off that uptrend line last week, so it's going to continue going up IMO.
If it doesn't pullback to my pending order, then I'll have to find another position to enter. Looking to complete at that resistance at the top of the profit anticipation. I might even take profit at 66.00. Used fib tool and will move SL to breakeven once the market hits the 38.2% zone, making it a risk-free trade. Will then will move SL to 38.2% zone once it hits the 62% zone, making it a profit trade.