Signal Stream - EURNZD Short Signal

Sorry for the delayed post, I have been away from my laptop the past couple days. I will be posting all signals, not just cherry picking.

Short Signal appeared on EURNZD at 1.7172. Price immediately moved against the signal, but has since bounced back down off of a strong S/R level.

Price has been ranging on this pair recently, and given that price moved against us after the signal was generated, I will keep a conservative target at the lower support level of 1.7150.

That level falls in line with my general targets for this indicator. Personally I take very small positions and ride out drawdowns.

Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.

It's like the market is attracted back to these levels if they don't hit it immediately.

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