GBPNZD : Under Major Resistance

By Noldo
Updated
Hello Traders.
First of all , if you think this analysis is useful to you,
press the LIKE button after read )
Let's start :

The US Dollar Index has been rising for the full 107 weeks :

snapshot

Terminal Status in these 107 weeks:

snapshot

Looking at the terminal situations, the drop in the New Zealand Dollar resulted in less negative COT Positions.
What we need to pay attention here is that England writes its own story after the elections and is not as fragile as the European Region.
That's why I chose small Position Sizes.

Parameters :

  • Position Size : %0.33

  • Current Risk/Reward Ratio : 1/2.17

  • Stop-Loss : 2.03940

  • Goal : 1.98542


NOTE:

There may be opportunities for more valuable Risk / Reward ratios in upward movements.
If i catch , idea will updated with screenshots of last signal and stop-loss status.
My own methods have not gone into the exact sell state. (SL)
So let's dont hurry up but must follow regularly.

Regards.
Trade closed: stop reached
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