NZD/USD short opportunity

Jan 24, 2018

Oscillating market
+3 S/R touches
bearish double top pattern
RSI overbought market
MACD divergence
Phase: Pullback
Decreasing momentum + bearish candlestick
More than 1:1 win ratio (TP @ 50 EMA support)

Jan 24, 2018

Note

*tp @ 0.71670 S3 pivot point

Jan 24, 2018

Note

*tp @ 0.71304

Jan 25, 2018

Trade active

Jan 28, 2018

Note

Don't move your SL now.. Typical situation where sl movers get striked out now

Jan 28, 2018

Note

are getting striked out*

Jan 29, 2018

Note

moved tp to @ 0.71453

Jan 31, 2018

Note

moved tp to @ 0.71595

Feb 1, 2018

Note

moved tp to @ 0.71727

Feb 2, 2018

Order cancelled

Closed the trade near break even point because of recent price action

Feb 3, 2018

Trade closed manually

Feb 3, 2018

Note

After i thought a while about the setup i regret my decision now i higly recommend you to keep your position if you have not closed it yet.