EURNZD Short
We think that this huge bearish pin bar will be followed by further selling and should the 2h candle close like this, we will be placing a sell stop order at 1.6765, with the stop loss slightly above the 50%fibo of the pin bar, while the target zone is near previous resistance/support zone.
Note
trade cancelled, market continued higher.
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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.