EURNZD - Rising Wedge meets Supply Zone
Updated
We're approaching Supply Zone now along with recent crossing of SlowEMA makes this prime for a drop.
If EMA holds,
Expect further to the upside (1.78160 range)
If EMA holds,
Expect further to the upside (1.78160 range)
Trade active
Moved SL from 1.77610 (-43.4 pips) to 1.77676 (-50 pips)To give the position a bit more breathing room.
Note
OLD SL PositionNEW SL Position
Trade closed: stop reached
Will stay on the sidelines and look for re-entry opportunities for a short.
Looking for an ECN broker which is reputable, still offers 1:500 leverage, supports TradingView, & offers commissions from $6/lot down to $3/lot, well you're in luck :)
Follow my IB link today
blackbull.com/en/live-account/?ib=420187
Follow my IB link today
blackbull.com/en/live-account/?ib=420187
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.