ECHO | NZDUSD - Short Opportunity.

27 May 2022

Interesting developments across NZD and AUD pairs. Looking at the inneficiency amongst those pairs we notice small pullbacks back to previous local highs. This could be an aggresive short opportunity based on:

- Local high liquidity area
- profit taking level at that high
- 61 significant fib is near
-100 ema is near

Wide stop is used around 40 pips to give enough breathing room.

ECHO

30 May 2022

İşlem aktif

Short area is active and currently running around +10 pips depending on entry. Touched the bottom wick and should be pulling back.

31 May 2022

Not

As mentioned on the stream. tightened the stop at 30 pips, and is now running + 35 PIPS -> Running 1:1 RR

31 May 2022

Not

Running 1.5 RR. Doing +50 pips. Suggest taking out half and letting the rest run BE @ SL

31 May 2022

Not

Running 2.1 RR at +70 pips

2 Haz 2022

İşlem elle kapatılmış

Closing the trade here at 98 pips in profit.