EUR / NZD - Quick opportunity for this downtrend - SHORT

21 mai 2018

Ascending triangle in a downtrend, below the moving averages, falling volume, flat RSI on this timeframe, long rejection wicks on the hourly timeframe, seriously weak Euro and NZD after last nights report, but whose going to be weaker, I choose the Euro, in the down trend.

21 mai 2018

Note

We've broken down through the descending triangle bottom, we'll carry on beyond 1.697

21 mai 2018

Transaction en cours

Trade active and profitable - 21/05/2018 - 04:25 @1.7042 - target 1.6105

21 mai 2018

Note

Look at those candles rejecting the moving average and lots of heavy bearish volume, we're going down! Beautiful

21 mai 2018

Note

We're currently stuck in a range, if you're not in this trade, catch an entry at the top, and wait for the breakout, to continue the downtrend, how do I know it will continue down?

We're divergent on the daily chart and volume is declining on the way, meaning we have a bearish bias and that's the direction we're going in, but obviously, we might now, anything can happen, once we break to the downside, I'm looking for my first target down at 1.69650

21 mai 2018

Trade fermée: cible de profit atteinte

Taken profit target, I'll let the rest run....

23 mai 2018

Trade fermée: cible de profit atteinte

Second target achieved, this turned into a lovely trade

23 mai 2018

Trade fermée: cible de profit atteinte

Final target achieved.

29 mai 2018

Note

Re-entered this pair @1.68 a lovely move down afterwards

29 mai 2018

Note

Smashing through the 200 EMA was an important breakthrough, target now 1.62

29 mai 2018

Transaction en cours

29 mai 2018

Trade fermée: cible de profit atteinte

Made a lot of profit on this, target achieved