FX:GBPNZD   British Pound / New Zealand Dollar
M15 and M30 is overbought

There is a double top with divergence

This trade is counter-trend but there is a pattern on M15

70 pip stop loss

1st target is a 100 pips away
Trade closed: stop reached:
This was a dumb trade driven by cockiness. The trend was against us and there was no OB situation on H1. Cut this trade early to avoid pain.

27/07/22 DEAL GBP/NZD Mini converted at 0.86532040866 SD SD-51.31
27/07/22 DEAL GBP/NZD Mini converted at 0.865209103377375 SD SD-39.11

Funds: SD11,874.26

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.