EUR/NZD 4H LONG POSITION SETUP
EURNZD : LONG SETUP
- Waiting for close of bullish conformation candle
- Entering long position @ 22:00 GMT
- Small conformation candle pip value / Great risk to reward due to each pip having a higher value
- Still using 1-2% capital risk
Rules: Long
1. MA40 above MA120
2. Price must cross MA40 from below
3. Test MA40 for support
4. Create bullish 4H candle after test of support
Entry: 1.50950 / Enter Long on close of 4H Bullish candle
SL: 1.50950 Set below Bullish 4H conformation candle
- Waiting for close of bullish conformation candle
- Entering long position @ 22:00 GMT
- Small conformation candle pip value / Great risk to reward due to each pip having a higher value
- Still using 1-2% capital risk
Rules: Long
1. MA40 above MA120
2. Price must cross MA40 from below
3. Test MA40 for support
4. Create bullish 4H candle after test of support
Entry: 1.50950 / Enter Long on close of 4H Bullish candle
SL: 1.50950 Set below Bullish 4H conformation candle
Note
05/02 22:08 (GMT)EUR/NZD Spread has returned back to a respectful gap
Long position opened @ 1.50993
LS placed @ 1.50576
Note
5 pips from SL over night, then reversed. Aiming for London & European market to push this up with good data and technicals
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.