NZDUSD Sell Opportunity

5 Ağu 2021

Rejection on 50% FR, also on the new Lower High structure form , my fav technic to go short when rejection + retest + Lower High

SL 40 pip , TP 0.69 3xRR

6 Ağu 2021

İşlem aktif

time to move sl to trail stop at entry . Price is moving in our fav

9 Ağu 2021

İşlem aktif

ok we have now see lower high form, let move trail stop 10 pip above to lock partial profits in case price reverse. 0.7035

10 Ağu 2021

Not

time to harvest, Profit target revise to 0.6960
(Fib Ext + Elliot Wave) it's 1.5x Ext and 5th Wave count from entry point.
quite a decent profit of 110 pip (close to 4x RR)

if you have huge lots on hand might consider to close just partial here and balance on next level @ 0.69

10 Ağu 2021

İşlem elle kapatılmış

Elliot Wave 5th Wave done (close manually with 3RR , 90pip)