A bearish opportunity recently presented itself on the euro-kiwi trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.66000 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 1.58860 could give you a reward-to-risk ratio as high as 3. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
I'm rooting for you!
Your FX Plug
EURNZD
I'm rooting for you!
Your FX Plug
EURNZD
Trade closed: stop reached:
Unfortunately, this also hit the stop.
