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GBPNZD Good Short Opportunity

87
GBPNZD Good short Opportunity
1.Channel Resistance
2. Crab Pattern
3 . Overbought Conditions

CMP:- 1.9928
SL :- 2.0025
TGT - 1.97825


EnJOY thanks
Not
15 Minutes Time frame has a bearish Cypher formation so will go down

Change SL to 1.9940
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GBPNZD went as low as 1.98365
we can change SL to our original 2.0025 as there is NZD economic data in 2.5 HRS and it may be volatile at that time so we don't want our stop loss to be hit by that spike incase to be safe. also close Trade at TGT 1.97825 as there is also GBP Data coming up which could strengthen the GBP. as Long
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anlık görüntü

looks like a possible scenario
İşlem kapandı: hedefe ulaştı
Not
2ND Target is 1.9690 in short term
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anlık görüntü
Not
We reached a low 1.9672

Enjoy guys

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.