EUR/NZD FINAL UPDATE TAKE PROFIT ACHIEVEDEUR/NZD 4H - As you can see price has gone ahead and taken profit on the long position we predicted here, price has played out really well especially over the course of the last few days.
It is important that we now take a step back from this market and allow price to play out, we will see one of two things take place here now. Either price will absorb this area of interest or reject from it.
This trade Took Profit for + 353 pips. (+ 12%) 12RR
If price rejects from it, we want to see price break the last protected low within the bullishness that traded us up and into the zone, that will confirm enough Supply has been introduced to see price reverse.
If price absorbs this area then we must wait and see if price rejects from one of the other two areas we have marked out higher up, a big well done to those involved in this market, any questions drop a message below!
