Trade Setup: EUR/NZD – 15 Sep 2016

15 Sep 2016
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15-sep-2016-eurnzd

Candle Stick Pattern: Evening Star at (1).
Confirmation:

  • Stochastic overbought range at (2).
  • Retesting previous resistance at (3)

Signal: SELL
Entry Point: 1.5365
SL: 1.5499 (134 pips)  (Nearest resistance level at (1) & (3))
TP: 1.5110 (255 pips)  (Nearest support level at (4))

[UPDATE 1 – 19 Sep, 2016]

Set SL to Break-even.

[UPDATE 1 – 23 Sep, 2016]

15-sep-2016-eurnzd-cont

Trade closed at Break-even.

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