712 EURNZD LOSING BUYING STEAM
HELLO TRADERS,
THE EURO HAS BEEN ON A RAMPAGE AS OF LATE, HOWEVER WHAT GOES UP MUST INEVITABLY COME BACK DOWN. SHY OF 1.6700, I BELIEVE THIS TREND IS SET TO GO BEARISH BEFORE CONTINUING ITS UPWARD MOVEMENT.
I ENTERED THIS TRADE MONDAY MORNING AND WITH A 3 TO 1 RISK REWARD PROFILE.
+128 PIPS AND I HAVE A TARGET SET AT A STRUCTURE LEVEL.
THE EURO HAS BEEN ON A RAMPAGE AS OF LATE, HOWEVER WHAT GOES UP MUST INEVITABLY COME BACK DOWN. SHY OF 1.6700, I BELIEVE THIS TREND IS SET TO GO BEARISH BEFORE CONTINUING ITS UPWARD MOVEMENT.
I ENTERED THIS TRADE MONDAY MORNING AND WITH A 3 TO 1 RISK REWARD PROFILE.
+128 PIPS AND I HAVE A TARGET SET AT A STRUCTURE LEVEL.
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