TradingView
motleifaul
Feb 14, 2018 10:14 PM

Retracement Failed Short

British Pound/New Zealand DollarFXCM

Description

It seems tobe a range trading now but the pressure is to the downside. Besides the previous low I don't see a serious support.

Trade closed: target reached

Before the markets close for the weekend I am closing the first part of my position taking the profit. But I am still leaving a part of the position short in the market for a further drop.

Trade active

Trade closed: target reached

Comment

There is a fading momentum. Perhaps there will be no further drop at moment.
More