EURNZD 240M
2019-11-09 12:32:09
Hello traders!
This is a short for 30 pips, catching price between lines B to C or for 60 pips between lines B to D. It`s recommended to position stop no further than 1:1 RR away from entry, although this may vary with markets and volatility. When price reaches line B, the trade could be taken with a sell stop order, set and forget, or could be taken depending on how each individual identifies momentum bar by bar.
Best,
Jay