Entered SHORT upon the strong break of the Head and Shoulders pattern which appeared after a long and strong uptrend of the NZDUSD.
TP at the next major support area at 0.67000 and SL set at 40 pips above the entry price, giving a potential reward of 2.37R.
If this trade gets stopped out, will re-enter if a valid entry signal appears.
If a retest will happen, will enter on the confirmation of the retest on the 2H chart.
TP at the next major support area at 0.67000 and SL set at 40 pips above the entry price, giving a potential reward of 2.37R.
If this trade gets stopped out, will re-enter if a valid entry signal appears.
If a retest will happen, will enter on the confirmation of the retest on the 2H chart.
Trade closed manually
Closed manually after a momentum shift on the upside.Will re-enter when a valid entry signal reappears.
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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.