GBPNZD - 4H Short In Trend Engulfing Setup
Updated
GBPNZD formed a significant bearish engulfing of 7 candles at 8am (CST) on the 4H time frame.
ECB President Lagarde speech @7am helped form this setup.
SL set above engulfing candle body high. TP set at 2X risk.
ECB President Lagarde speech @7am helped form this setup.
SL set above engulfing candle body high. TP set at 2X risk.
Comment
I am eliminating Tuesday setups as they have a low win rate.Wednesday and Friday setups have a higher win rate.
Trade closed: stop reached
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