The market has reached the daily trend line and placed an engulfing candle. We could see a sell for gbpnzd
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TP 200 pips. (Long term target)
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GBP decided to go the other way. After it closed above the line we couldve tried and capture the breakout. :(
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If you were to set multiple trades with multiple tps such as 50 then you wouldve hit tp and be stopped out. I believe this is the way to go with these trades:)