[GBPNZD, 12/14/2018] Bearish divergence is forming Short

British Pound/New Zealand DollarFXCM

Description

⋅ Dec 14, 2018 1:58 AM

Bearish divergence is forming as the candle created new high while MACD is forming a new lower wave. Keep an eye on the price change and be ready to open short position!

Comment

⋅ Dec 14, 2018 2:11 AM

If bearish candle is formed after this hour and MACD is about to form death cross, shall be an opportunity to open short.

Trade active

⋅ Dec 14, 2018 6:23 AM

Entered short at 1.85650

Comment

⋅ Dec 14, 2018 11:51 AM

Move your stop loss to break-even.

Comment

⋅ Dec 14, 2018 2:10 PM

Moved to TP to 1.84177

Trade closed manually

⋅ Dec 15, 2018 12:30 AM

Took profit at 1.84920

Comments

Omarragheb1

⋅ Dec 14, 2018 7:55 AM

Hello brother where shouldbe good Stop loss ?

zuoertai

⋅ Dec 14, 2018 8:12 AM

@Omarragheb1, Hello! I put my stop loss at 1.86132, a little higher than today's highest :)

Omarragheb1

⋅ Dec 14, 2018 8:17 AM

@zuoertai, A good one wish for us success Today :)