Simple downtrend analysis. The price has touched the bear line. I setup a trade with 1:4 RRR.
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Trading is going in favour of our scenario, currently in about +30 pip gain. You can move stop to break even for extra security.
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Almost +50 pips in my favour. Now the price stopped falling, I am in the trade without any adjustments.
Not
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We have stopped at the support, watching it, but not adjustments done yet.
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There was a rocket up, putting our current profits back to zero, the trade is going on.
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I add new position.
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All positions are running in big profit. We might be hitting another support zone now.
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This big candle was caused by a CAD fundament today and NZD gained some ground. I remain short.
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Trend Lines

Feragatname