Henrik-SMCTrading

EURNZD, Daily, a structure trade.

FX:EURNZD   유로 / 뉴질랜드 달러
Some might allready have taken a trade on the previous test of the structure forming this consolidating zone of range bounde movement.
I did not, for reasons not having to do anything with the setup, and therefore (following my plan) I´m waiting for a new setup.

We might not see a complete doubletop so a entry just below, from this ongoing pullback, after a candlestick confirmation or likewise
might become a trigger point. With a double top we will probably also see RSI Divergence as another confirmation.

SL just above the structure and at least a target down at a structure that has been a proven turningpoint several times, even though the
"zone" bottom is lower. A second position could be at that bottom or a trailing stop - looking for the bottom to break.
Allthough, my bias is bullish, since we have a bullish trend and this is a typical bullish flag - so I´m holding my targets within the zone.

Henrik Siverhall
SMC Trading

Är du intresserad av vårt mentorskap - "Basic" och "Avancerad" mentoring.
smctrading.se

Sveriges största FB grupp för nybörjare
bit.ly/ptse-fb-basic
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.