SWING TRADING JOURNAL
Actually, I prefer to see NZDUSD to move upwards, but this bearish structure looks promising for me, so I will sell NZDUSD for now, unless I see valid breakout of 0.7300
SETUP:
SELL AT PULLBACK (GREEN BOX or higher)
SL ABOVE RED LINE
TP AT BLUE BOX
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
Actually, I prefer to see NZDUSD to move upwards, but this bearish structure looks promising for me, so I will sell NZDUSD for now, unless I see valid breakout of 0.7300
SETUP:
SELL AT PULLBACK (GREEN BOX or higher)
SL ABOVE RED LINE
TP AT BLUE BOX
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
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.
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.