Hello Traders,
Hope you having a nice weekend !
( Check relted idea to see our last 100 PIPs banger. The idea is for 300 PIPs, but we've banked the profits already on our groups )
So, EURNZD is oversold, and a pullback might be needed in order to continue our downtrend.
According to this fib ret, the 50% is almost 2oo pips away, so this isn't a level I will be looking at.
I will keep an eye and check if either 23% or 38% will hold the price.
I have my alarms set, to keep a closer look at this pair.
According to seasonal prime, we will have a nice pullback in the first couple of trading days, so I will be looking for possible short positions depending on the fib %.
Our TARGET will be around 200 PIPs, while our STOP LOSS will be around 45 PIPs.
My trading ideas are based on my own analysis.
Feel free to use this trading idea yourself, but remenber to trade safely by doing a good risk management and protecting your capital.
CHECK LINK BELOW
Hope you having a nice weekend !
( Check relted idea to see our last 100 PIPs banger. The idea is for 300 PIPs, but we've banked the profits already on our groups )
So, EURNZD is oversold, and a pullback might be needed in order to continue our downtrend.
According to this fib ret, the 50% is almost 2oo pips away, so this isn't a level I will be looking at.
I will keep an eye and check if either 23% or 38% will hold the price.
I have my alarms set, to keep a closer look at this pair.
According to seasonal prime, we will have a nice pullback in the first couple of trading days, so I will be looking for possible short positions depending on the fib %.
Our TARGET will be around 200 PIPs, while our STOP LOSS will be around 45 PIPs.
My trading ideas are based on my own analysis.
Feel free to use this trading idea yourself, but remenber to trade safely by doing a good risk management and protecting your capital.
CHECK LINK BELOW
