1) This pair has just pushed into new highs (or) lows. We now have a pullback followed by a swing engulfing candle. That makes this a valid example of The 4hr Pullback strategy.
PAIR: GBPNZD
Entry - 2.01399 Stop - 2.00416 Position 1 - TP @ 1:1 Position 2 - ?
Comment
2) Update: Position 1: TP hit 1:1 Position 2: SL moved to BE
Comment
2) Update: Position 1: +121 pips Position 2: SL hit at BE
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.