DCF Bets: GBP-6/NZD+5
Today's market presents a promising opportunity for a short bet on GBP-6/NZD+5, with a risk-to-reward ratio of 1:2. I've set a limit order at the beginning of GBP's supply zone, which will expire today at 23:00 GMT+2. The max risk for this trade is around 5%.
Ideally, spotting a Bull Trap (a bearish liquidity pattern) forming in the supply zone on the lower time frames would be a great signal to add some extra positions.
Ideally, spotting a Bull Trap (a bearish liquidity pattern) forming in the supply zone on the lower time frames would be a great signal to add some extra positions.
Daily Capital Flow: cgetrading.com
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.