ImElison

Let's see what EN provides us with.

Short
ImElison Updated   
FX:EURNZD   Euro / New Zealand Dollar
That chart was super clean .. I have been switching to the daily and 4H tf, and has been working perfectly for me, it is actually a madness. Still have to backtest some bits of it, but I am calmer with these TF rather than on the small ones.

So let's see wassup:

D: wick
4H: wick
1H bearish engulfing .. and to add ..

it is trending down on the bigger picture.
Comment:
stops are set to breakeven and 50% off has been taken .. let's ride it!
Trade closed manually:
decided to close because ... it does not make sense having AUDNZD and EURNZD being traded at the same time .. so Imma let AUDNZD run ..
Trade closed: target reached:
TP HIT! gotta trust the analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.