Hanging on to my short position and added yesterday.

Another cross that has proved very frustrating to trade. My entry was posted here

Not much to add from my previous post as the price action has been less than inspiring. Things are beginning to look slightly more bearish and I have placed a few targets on the chart (yellow arrows) at the fib combo areas. My entry was at the 127% extension of the October November high to low (red arrow) .

 

EURNZD-H1

A closer view below shows a bearish pattern taking shape. Give stops a little room on this one as it can be a beast and tends to bounce around. I always suggest easing yourself in on some of these crosses and adding to your position if price moves in your favour .

 

EURNZD-H1

 

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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