New Trade: EURNZD - Short Position (SELL LIMIT)
New Trade: EURNZD - Short Position (SELL LIMIT)
Sell Limit: 1.7740
Stop Loss: 1.7780
Take Profit: 1.7550
Technical Analysis:
Initiated a short position on EURNZD with a Sell Limit set at 1.7740. The decision is anchored in technical analysis, specifically targeting the Fibonacci "golden zone" and incorporating the Anchored VWAP for additional confirmation.
Rationale:
The Fibonacci retracement levels indicate a potential reversal within the "golden zone," supported by the Anchored VWAP for enhanced technical conviction.
Risk Management:
A defined Stop Loss at 1.7780 is in place to manage risks effectively, ensuring a disciplined approach to protect capital against unexpected market movements.
Trade Strategy:
Take Profit set at 1.7550 aligns with the anticipated downward movement. The combination of Fibonacci levels and Anchored VWAP serves as a robust strategy for this short position.
Disclaimer:
Trading involves risk, and past performance is not indicative of future results. Exercise caution and conduct thorough analysis before making trading decisions.
Happy trading!
Sell Limit: 1.7740
Stop Loss: 1.7780
Take Profit: 1.7550
Technical Analysis:
Initiated a short position on EURNZD with a Sell Limit set at 1.7740. The decision is anchored in technical analysis, specifically targeting the Fibonacci "golden zone" and incorporating the Anchored VWAP for additional confirmation.
Rationale:
The Fibonacci retracement levels indicate a potential reversal within the "golden zone," supported by the Anchored VWAP for enhanced technical conviction.
Risk Management:
A defined Stop Loss at 1.7780 is in place to manage risks effectively, ensuring a disciplined approach to protect capital against unexpected market movements.
Trade Strategy:
Take Profit set at 1.7550 aligns with the anticipated downward movement. The combination of Fibonacci levels and Anchored VWAP serves as a robust strategy for this short position.
Disclaimer:
Trading involves risk, and past performance is not indicative of future results. Exercise caution and conduct thorough analysis before making trading decisions.
Happy trading!
ملاحظة
Good push up today - Approaching Sell Limit!Let’s get this money!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.