A QUICK SHORT ON EURNZD ON MARKET OPEN!

2019-12-02 02:50:12

A short term trend line on EURNZD showed a rejection on Friday. Just below we have a daily support line that has been key 3 times in "recent" times which could is why I have a bias for a short when market opens. If you look in the shorter time frames you can see that price has clearly rejected the trend line and looks like the bears are taking control. Take profit around 104 pips and a stop loss of only 25 pips making the R:R pretty solid for my plan!