EURNZD – Long signal
The EURNZD is trading in a bullish market condition, yesterday it broke through an important LT resistance level, and earlier today, the market retraced back to the ST support level triggering a long signal:
Here are the details of my order (still pending):
Entry: 1.8006
SL: 1.7954
TP: 1.8224
It has a risk-reward ration around 4:1. We’ll see if the market triggers my order… if it closes below the lowest low of the pattern I will close my order.
Trade Safe!
Raul Lopez
Forex Training