EURNZD 240

Zaktualizowano
Based on previous behavior, price may be rotating back down to the reddish line, which would be for 70 pips if reached and if stopped out -35 pips.
Zlecenie aktywne
Based on overall larger TF market structure price should be making a higher high, but we don't know when that will come, so we play the short game until we get a signal that points to a rotation higher.
Zlecenie zamknięto ręcznie
Price almost made the higher high based on the news event. This is where price was technically prepared to go so news just quickened the process. I don't hold trades through red flag news events or anything dealing with interest rate decisions so even if I got out of this trade with a small win or loss it is recorded as a BE because I am out of the trade hours before the news release.
Chart PatternsEURNZDeurnzdshortTrend Analysis

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