NZDUSD Short Position
Entered this a while ago but forgot to post.
- Following the patter forming in the channel.
- RSI Overbought
- Touched major Supp/Res level (based on Monthly history of NZDUSD)
- Entered at top of the pattern on Lower Low Lower Close (L3C) on H1.
- ATR Based Stop
- Huge R/R
- TP @ previous structure support level within the channel (could go to the bottom but R/R is so good that I'll be playing this one safer)
- Following the patter forming in the channel.
- RSI Overbought
- Touched major Supp/Res level (based on Monthly history of NZDUSD)
- Entered at top of the pattern on Lower Low Lower Close (L3C) on H1.
- ATR Based Stop
- Huge R/R
- TP @ previous structure support level within the channel (could go to the bottom but R/R is so good that I'll be playing this one safer)
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