Neel_K
Short

Cut n Handle / Harmonic / Structure GN short seup

FX:GBPNZD   British Pound/New Zealand Dollar
394 8 12
a year ago
WIth GBP news coming out tomorrow lets see how this setup plays out.

Good RR 2:1
Nice structure
Bat Pattern Completion
Cup n Handle Possibility
Looking for possible Retracement to structure before continuation of move up.
a year ago
Trade closed manually: I had expected the news to help this move, but did not anticipate it would be over so quick.

Now that 50% of the move up has been retraced, it may consolidate a bit before resuming the overall bullish trend. And it is in this region until the 62% retracement of move up, we would look for setups to go long.
a year ago
Comment: For the harmonica / advanced pattern traders. This is the BAT that i am looking at, The second targets would be the ideal entry point for long term longs (if PA reaches that level)

snapshot
GcNaif MOD
a year ago
good one Neel , i like your SL , i m expecting 2.34-2.35 reversal , so i will join you in ur short somewhere in between those numbers
Reply
Neel_K PRO GcNaif
a year ago
It may surely Pop up before the final move down, as the down move has not been confirmed (yet)
For safer entries once could wait for RSI trend line break/MACD cross over confirmation/ PA setup/ AO reversal n other confirmations. Right now its just a possibility.
snapshot
Reply
Neel_K PRO Neel_K
a year ago
Though the indicator confirmations may lag ! Best to use Price action and smaller Time frame setups.
Reply
GcNaif MOD Neel_K
a year ago
agree Good luck to u n me as well
+1 Reply
GcNaif MOD
a year ago
that was a great call Neel, congrats
Reply
Neel_K PRO GcNaif
a year ago
Thanks!
Reply
uoevictory
a year ago
short still valid
Reply
uoevictory uoevictory
a year ago
short
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out