NZDGBP Daily 500+ PIP Potential
Updated
I have been following this pair now for a week since the pattern completed.
We have seen it come back and check the levels. What i would like to see is it check below the 1.94000 level, this is where a lot of people's stop losses are going to be sat.
Some news coming up in the next few days, could be an entry after than or next week. Not rushing into taking this trade due to sensitivity around Covid. If we see rejection below 1.94 and we also dont have too much bad news it would be a good time to enter.
We can only wait and see what is presented to us.
We have seen it come back and check the levels. What i would like to see is it check below the 1.94000 level, this is where a lot of people's stop losses are going to be sat.
Some news coming up in the next few days, could be an entry after than or next week. Not rushing into taking this trade due to sensitivity around Covid. If we see rejection below 1.94 and we also dont have too much bad news it would be a good time to enter.
We can only wait and see what is presented to us.
Note
We need to pay close attention now. The 1.94000 has been broken, and it has dipped to the 1.93600 level which is where a lot of stop loses would be. The volume is starting to build up so we could be on a run soon.PatienceTrade active
Entered the trade seen rejection where I wanted to see it. A lot of people would’ve been stopped out on that And sorry for my mistake on the title!
Order cancelled
Closed the trade in a few pips profit looking for a re-entryTrade active
Back in 1.93500 - This was actually by mistake as i left a pending order there before the news came out. I thought i had missed the bounce but it went the other way...Going to let it rung with a 50 pip stop loss
Trade closed manually
Opened another trade down at 1.92 with my 1.935 one still open.Closed both trades at 1.94. This pair gave me major anxiety
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