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British Pound / New Zealand Dollar
Long
Updated
May 18, 2018
GBPNZD EMA crossover LONG Trade? 120 pips
0
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2
2
May 16, 2018
GBPNZD H4 chart on the left, 30min chart on the right
H4 CHART
1/ Confirm uptrend i.e. Higher highs and Higher Lows
2/ Wait for price to interact with H4 20EMA
30MIN CHART
3/ Wait for 30min EMAs to align (20EMA above 50EMA)
SETUP
Enter at the M30 20& 50EMA crossover, 600pips stop loss, TP 1 at 1:1, TP at 2:1
Don't forget to risk manage
babypips.com/learn/forex/what-is-a-trading-plan
t >
bizlus
May 17, 2018
Note
Best entry is (if) blue (20) and red (50) EMAs cross on the 30M. Happy trading!
May 18, 2018
Trade closed: stop reached
May 18, 2018
Note
bizlus
Follow
Also on:
20ema-pullback
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exponentialma
exponentialmovingaverages
Moving Averages
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