SamuelForexTrader

EURNZD Weekly M pattern

Long
OANDA:EURNZD   Euro / New Zealand Dollar
on the weekly we can clearly see the M formation this is the TP

on the 4h i just got some signal entry but not all of my signal so what i will do is cut my risk in half.
Risk 0.5% on this trade
Order cancelled:
at 2 pm I took my trade out at break even, I was looking at the daily candle close.

it was not looking very bullish and the swap trade for long position is very expensive so I closed the trade.

Not worth the risk for now.

The Idea of the TP is still valid, but not for now
Comment:
gonna relook for buy soon, maybe tomorrow or next week

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