GBPNZD FX TA: Guidebook For Trading The Rally

23 Ağu 2023

After looking short on the current GBPNZD rally we need to identify future exits.

This is best done normally on higher TFs due to extreme rallies.

Price stretches out a lot and it looks very much clearer.

Here's a full demo.

23 Ağu 2023

Not

Mainataining shorts for further falls.

23 Ağu 2023

Not

Out on further falls.

23 Ağu 2023

Not

Not reshorting until circa 21375

24 Ağu 2023

Not

Almost at reshort zone.

28 Ağu 2023

Not

Expecting further falls. Re entered lightly short.

30 Ağu 2023

Not

Light shorts again appropriate.

30 Ağu 2023

Not

Still holding shorts.

1 Eyl 2023

Not

Exiting shorts circa 2098 Re longs same point.

4 Eyl 2023

Not

Reshort area hit.

6 Eyl 2023

Not

Still RE shorting highs.

7 Eyl 2023

Not

Lock in short gains. Not looking long until further falls (key support via higher TFs)

8 Eyl 2023

Not

maintaining short bias on weak push into early resistance. Longzone still the same lower.

12 Eyl 2023

Not

Still in shorts. Exit circa 2.10 remains.

21 Eyl 2023

Not

Entered Long.