GBPNZD Good short Opportunity
1.Channel Resistance
2. Crab Pattern
3 . Overbought Conditions
CMP:- 1.9928
SL :- 2.0025
TGT - 1.97825
EnJOY thanks
1.Channel Resistance
2. Crab Pattern
3 . Overbought Conditions
CMP:- 1.9928
SL :- 2.0025
TGT - 1.97825
EnJOY thanks
Note
15 Minutes Time frame has a bearish Cypher formation so will go downChange SL to 1.9940
Note
GBPNZD went as low as 1.98365 we can change SL to our original 2.0025 as there is NZD economic data in 2.5 HRS and it may be volatile at that time so we don't want our stop loss to be hit by that spike incase to be safe. also close Trade at TGT 1.97825 as there is also GBP Data coming up which could strengthen the GBP. as Long
Trade closed: target reached
Note
2ND Target is 1.9690 in short termNote
We reached a low 1.9672 Enjoy guys
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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.
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.