GBP/NZD reachaed upper resistance level short term sell
Updated
Hi, dear investors we are looking into a short term sell after the RSI has reached the upper level of 100 on 1H time frame and 80 level in 4H time frame
Entry : 2.19100
Target : 2.18010
Stop loss : 2.19405
2:1 RR (Risk to reward Ratio)
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Entry : 2.19100
Target : 2.18010
Stop loss : 2.19405
2:1 RR (Risk to reward Ratio)
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Trade active
Stop loss has been hit, re-entering position with new parameters in the SL
Target's remain the same
Stop loss : 2.20200
Extremely Overbought in the RSI
Reached Weak High
Simliar to my previous GBP analysis which did amazing
Trade closed: stop reached
2nd Stop reached. I am personally in this trade still as it has started formulating the descending channel.
Targets remain the same!
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