Get started
British Pound / New Zealand Dollar
Short
Updated

GBPNZD [1 week view]

143
Short GBPNZD
Entry: 1.91335
SL: 1.91750
TP: 1.8950

Simple and clean set up.
  • Market below EMA
  • Double top reversal pattern confirmed
  • Market reacting below descending trendline resistance
  • RSI below resistance and showing bearish divergence
Trade active
Moved SL to break even
Trade closed: stop reached
Market pulled back to SL.
Note
MARKET REACHED TARGET!!!!! crazy insane. But i didn't catch it due to the earlier pullback. Lesson learnt.
Note
Right analysis, right direction. At the end of the day, abit bummed i failed to catch all the pips but I did what I had to do and that was to follow my own trading rules blindly.
laughingchartist
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Also on:
chartingChart PatternsForexGBPNZDTechnical IndicatorsTechnical AnalysisthelaughingchartisttradingTrend Analysis

Disclaimer

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.
chartingChart PatternsForexGBPNZDTechnical IndicatorsTechnical AnalysisthelaughingchartisttradingTrend Analysis
laughingchartist
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Also on:

Disclaimer

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.