EURNZD short entry as the market opens
Diupdate
Hi traders,
On the EURNZD I'm looking to enter short as soon as the market opens. What do we see on this chart?
Entry: 1.15219
Stop: 1.53163
Target: 1.47032 = R:RR 2.17
Good luck guys! Updates will follow.
On the EURNZD I'm looking to enter short as soon as the market opens. What do we see on this chart?
- The red trendline got broken, so we can expect a bearish move.
- It took price 4 days and 8 hours to drop 1.83% (and break the trendline) and 5 days and 12 hours just to go up 1.03%, indicating that the bears are in control.
Entry: 1.15219
Stop: 1.53163
Target: 1.47032 = R:RR 2.17
Good luck guys! Updates will follow.
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