SN_Doumet
Giá xuống

EUR/NZD - A LITTLE UPDATE TO THE WEEKLY CHART

FX:EURNZD   Euro /Đô la New Zealand
I know I could have posted this simply as an update to my previous EUR/NZD chart which states LONG bias on the Weekly chart, but I felt like this was a setup worth posting individually.

While the Weekly chart is still valid, we have a good enough short setup at the moment. The pair has formed a Head & Shoulders setup on the 4H which indicates some selling pressure at the moment. H&S are one of my favorite setups and they work consistently well. We also already got a retest of the broken structure (Grey area) and already showing downside momentum.

Have a look at the Related Ideas section to see how well this kind of setup has worked for me in the past specifically the AUD/JPY             pair

My personal details:
Short @ Entry: 1.6790, SL: 1.6850, TP: 1.6690, RR: 1.67

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Bình luận: Showing signs of reversal as we slowly approach the buy zone
Bình luận: potential playout for EUR/NZD
Slick!
+1 Phản hồi
@yikboyx, thank you :)
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất