EURNZD Short Idea
Strong pivot point in the market. The pair is creating a new bearish channel on the daily time frame. Possible to see aggressive spike downs or a slow steady drop over the course of this week. A potential retest of the most recent highest high would render the trade invalid. It should not come back to that zone. Please enter the market with your own due diligence.
Note
Currently sitting in 50 pips of profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.