EURNZD bearish day

Hello Dynamic Traders

Hope you had a restful weekend and are all set for another trading week. I'm not in any new positions as of yet, as set ups are not quiet ready for me. I have EUR, DKK, EURNZD and SGD on my watchlist though - so it's a patience game. As they begin to show signals for a potential trade I'll post it on the blog.

The EURNZD daily chart is forming a bearish candle so far today (of course that could still change). That is coupled with a fib breather level and the major figure - and we're also in the midst of this R zone. The R cluster may be enough confluences for the aggressive trader, but I am looking for a BOB of the new low from 19 Jan for a continuation down.

















Being a dynamic trader is about knowing when to take the right opportunities when they present themselves (according to your own TP and rules), but also knowing when to step aside and wait as the markets decide what to do.

A great evening to you all and great trading!
Sonia Molina