Apart from 4H looking overbought, this looks like a good RR trade.
Let's see what the market gives us.
Entry, SL and TP on daily chart.
GL HF
Let's see what the market gives us.
Entry, SL and TP on daily chart.
GL HF
Comment:
I missed to take some profits on this one earlier and now its showing sign of reversal.
Let's see if MA holds, but this is not looking good.
Comment:
MA is not holding on and this is clearly not looking good.
GNPNZD has seen a lot of volatility recently so we will hit SL quickly if we don't recover. In case this go up again I'll be more probably looking to close at BE.
Trade closed manually:
Trade closed at 1.772. It's been a month and we have seen mixed action. I prefer to stop with little profit than to gamble. I'll re-assess this pair later.
Here we go :