Euro / Dollar Néo-ZélandaisMis à jour EURNZD
EURNZD shorts are running nicely, pushed down as expected. However, price is now rejecting a key trendline where we may see either a pullback or a push back to the highs.
So to cover myself I am taking a long trade to expose myself to whatever happens! If the long trade takes a loss then my short runs into more profit so no loss, whereas if we push up from here I would take a breakeven but hedging a long allows me to be involved on both sides of the market.
Let the market decide where it wants to go, trade with no ego.
So to cover myself I am taking a long trade to expose myself to whatever happens! If the long trade takes a loss then my short runs into more profit so no loss, whereas if we push up from here I would take a breakeven but hedging a long allows me to be involved on both sides of the market.
Let the market decide where it wants to go, trade with no ego.
Note
Long trade got stopped out, we have broken the trendline, confirming that our short has much more downside potential 😏🤪
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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.