EURNZD Overextended Re-entry Opportunity

Aug 16, 2024

Just re uploading my idea on EN in hopes to clarify. Price shot up high, then dropped. It went up again, then dropped again, and now going up a third time. Each of the highs gives a chance to enter the trade. Profit target stays the same no matter which entry I would have used, so whether on the first, second, or this third move up, I still think of it as the same trade. I entered and added to position already.

Aug 26, 2024

Note

Price went straight as I had hoped then bounced on my first 50% retracement line measured from the highest high in my chart. Price then took it's sweet time to fall deeper in the profit zone so I decided to close my position. End of trade here.