FYNTEK | New Eden Investments -> GBPNZD SHORT (AGGRESIVE)
Updated
GBPNZD
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As our latest GBPNZD short did a small pullback but didn't swing further, an aggressive approach to a pullback has presented itself. Small 61.8% FIB retracement after this heavy bullish momentum. Hopefully being able to complete the ABCD pattern which we wanted to do initially.
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As our latest GBPNZD short did a small pullback but didn't swing further, an aggressive approach to a pullback has presented itself. Small 61.8% FIB retracement after this heavy bullish momentum. Hopefully being able to complete the ABCD pattern which we wanted to do initially.
Trade active
We’ve seen a nice reversal from here, price is running 1 RR at +50 pips. Mitigating the loss opportunity, i’m taking partial profit. 50% of the position closed.Note
Full profit taken at 80 pips floating. 1.5 RR secured. Awaiting a new BOS near the low!
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