SWING TRADING: SHORT NZDUSD! TARGET 0.61450
Updated
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 0.61850
STOP LOSS: 0.62200
TAKE PROFIT: 0.61450
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 0.61850
STOP LOSS: 0.62200
TAKE PROFIT: 0.61450
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Trade active
Note
KINDLY ADJUST STOP LOSS TO 0.62300 LEVEL. RR IS STILL 1:1 IN THIS CASETrade closed: target reached
Related publications
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.