Technician

Swing Trading The EURNZD

Long
FX:EURNZD   Euro / Dollar Néo-Zélandais
9
Update: Cancelled Trade

I am looking for a swing trade here, from areas near the main rising trend line, which held against the recent bearish wave, a falling wedge pattern has also completed. A trade with a around 2.5 risk-reward

twitter.com/thefxchannel
thefxchannel.com

Trade Number 85
Accumulated Profit(pips)=+2372

Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)

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