Shorting GBP/NZD three profit targets marked.

I think GBP is going to face some weakness but was most convinced by this pair because of the 100% retracement earlier compared to only approx 90% on other pairs. I think we just saw a spike above the previos high and I can see some struggling buyers. my Risk reward is 3/1 6/1 and 10/1 on the three separate positions with my stop loss above recent high/spike.

Yorum:

I have seen divergeance with macd. I could be entering too soon. lets see how this goes. i am worried we might reach the 0.97500 level before a further down move.

İşlem aktif:

Moving stops to break even due to the bad news / terror attack in NEW ZEALAND.