NZDUSD: Two Many Reasons To Go Short

FX:NZDUSD   Neuseeländischer Dollar / US-Dollar
1957 22
Triple top, slide parallel of a median line and the 1.27 extention of a previous impulsive wave all meet in a level where price looks like is being rejected. A RSI beaish divergence shows that this upmove may have come to end.

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Trade geschlossen: Ziel wurde erreicht: Move your stoploss at BE to second position. I expect this pair to sell off so it would be a nice idea if to trail your second position and let your profits run as far as it goes. I will try to manage it here in this chart and keep you updated.
Kommentar: Second setup closed as price reached stoploss at breakeven (breakeven is always fine :)
Kommentar: I just saw the title of this post and my jaw dropped.. I meant to write "Too many..." and not "Two many.."
English is not my native language but this a funny mistake.
You know something I teach English and I didn't catch that, Ha!
Fxprotrader kidbroge
Haha, thank you..!
it's a perfect set up in every way.
great job
that OK for the english
thank you for the predict.
+1 Antworten
Don't worry. It's cute:)
Thanks for the post.
Fxprotrader Sapphira
You are welcome :)
Dear Fxprotrader, I was wondering why did you chose that particular Take Profit level? It was an exceptional accuracy. Thank you
You probably mean the first target, as the second stopped at breakeven. I always choose my profit targets based on structure..
NZD is a beast.. break even in this one but closer to the second target in EURNZD short!
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