Long

GBPNZD - D - LONG - TDI

Updated

Apart from 4H looking overbought, this looks like a good RR trade.
Let's see what the market gives us.
Entry, SL and TP on daily chart.
GL HF

Note

LOL I just found that I didn't put any data on daily chart.
Here we go :

Already 100 pips up...

Note

I missed to take some profits on this one earlier and now its showing sign of reversal.

Let's see if MA holds, but this is not looking good.

Note

MA is not holding on and this is clearly not looking good.

GNPNZD has seen a lot of volatility recently so we will hit SL quickly if we don't recover. In case this go up again I'll be more probably looking to close at BE.

Trade closed manually

Trade closed at 1.772. It's been a month and we have seen mixed action. I prefer to stop with little profit than to gamble. I'll re-assess this pair later.

Bastosai

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.