JesusDiaz
Short

Aiming for a double bottom GBPNZD

FX:GBPNZD   British Pound/New Zealand Dollar
155 4 0
**BET Didn't quite push to complete ABCD** Pound pairs acting bearish . I'm taking an Aggressive C Sell position on GBPNZD             to capitlize on downward momentum .
The first impulse leg downward broke through 2 established structure supports. This is after price tried to make a new high 4 times and was unable to do so. A shallow retracement with two shooting star candle formations into previous structure support is signalling a great shorting opportunity for GBPNZD             .

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nappenbir
2 years ago
Interestingly, I had the sell trade position before it makes little retracement since I watched and wondered it's pretty much consolidation on weekly chart .. so i ended up being unsure of it but according to me, the sell but took home some 10 + pips! and after a few days, I see that it has gone down quite slowly! .. but just in case!
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JesusDiaz nappenbir
2 years ago
Yea sometimes it is hard to sit through retracements when the trade has already worked into your direction. Good risk management though. Thumbs up
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nappenbir
2 years ago
SURE! i see!!
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nappenbir
2 years ago
i idea fibonacci!! Usdchf Long!

http://www.fildirekt.se/dl/1400120850.png
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