Short EURNZD @1.6010 Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Oct 21, 2014 11:50 AM

EURNZD has just broken a descending triangle and support at 1.60 levels. It should come back and test these levels, in which case we have a shorting opportunity. The target is at 61.8 retracement of previous swing.

Trade type: Retracement
Price: 1.6010
Tgt: 1.5830
Stop Loss: 1.6110
R/R Ratio: 1.90 (approx)

Comments

4xbullion

⋅ Oct 23, 2014 6:22 AM

Stopped out after getting 100+ pips in profit. Damn this is frustrating!!!