EURNZD - Rising Wedge meets Supply Zone

Sep 23, 2020

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)

Sep 23, 2020

Trade active

Moved SL from 1.77610 (-43.4 pips) to 1.77676 (-50 pips)

To give the position a bit more breathing room.

Sep 23, 2020

Note

OLD SL Position


NEW SL Position

Sep 23, 2020

Trade closed: stop reached

Will stay on the sidelines and look for re-entry opportunities for a short.