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EURNZD Targeting 1.73 handle

108
Setup:
It was noted that EURNZD -0.80% could be gaining momentum to hit the 1.73 handle.
Our setup is complemented by the following:
1. Multiple timeframe trend analysis
2. Divergence on H1.

Approach:
Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits.
Trade 1:
SL: 1.69268
TP: 1.71801

Trade2:
SL: 1.69268
TP: 1.73634

It should be noted that once TP1 is hit, we will move the stop loss of trade 2 to breakeven.

Risk & Reward:
TP1 - 1:2
TP2 - 1:4

Total Risk:
2% or 170 PIPS

Total Reward:
6% or 517 PIPS

Good Luck :-)
거래청산: 스탑 닿음

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