British Pound / New Zealand Dollar
Short
Updated

GBPNZD Short - Trail Lower

103
Capturing the potential move.
TP1 at 5R/R level, move SL to BE
TP2 at 7R/R Level
Note
as of now both daily and weekly relativity to dollar, with Aussie on leading.
Once tonight closing w/ Aussie more firm in breakup.

Either move change this short GBPNZD to GBPAUD, or pyramiding w/ add'l GBPAUD while raising the SL of GBPNZD.
Note
Manual Full position Close. 2.1656 for near 5R/R.
Reason: RSI near base.
Reshort at next swing.

AB=CD indicates 2.1590~2.1610 but fine with 5R/R
Trade closed manually
Trade close at 2.1655
Note
Reshot at GBPAUD opportunity due to Aussie's relative strength to Dollar is better.
Note
Above GBPNZD manual close only 3R/R. sorry wrong cal.
Note
Short Limit Order 2.1595 SL21695 PT open (100pips as 1RISK)
Note
I made big mistake here my friend. DID NOT TRADE MY PLAN! period.
Either TP1 5R + TP2 7R.... or trail all the way down..

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.