EURNZD – Long signal

Written by Raul Lopez on . Posted in Trades & Analysis.

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

EURNZD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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