EURNZD; Very Strong Monthly Supply Zone (1.75242 - 1.79595), Daily and Weekly Supply Zones are nested at the Monthly Zone. Possible sell at 1.73993
EURNZD Sell Idea @Weekly Supply Zone (1.73993 - 1.75874)
Sell Limit: 1.73993
Stop Loss: 1.76739
Take Profit:1.65536
Risk Management = 0.01/$100, With Stop Loss
Risk Management = 0.01/$200, No Stop Loss
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:2 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
EURNZD Sell Idea @Weekly Supply Zone (1.73993 - 1.75874)
Sell Limit: 1.73993
Stop Loss: 1.76739
Take Profit:1.65536
Risk Management = 0.01/$100, With Stop Loss
Risk Management = 0.01/$200, No Stop Loss
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:2 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit