GBPNZD Short Short

British Pound/New Zealand DollarFXCM

Description

⋅ Jul 27, 2022 10:33 AM

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

⋅ Jul 28, 2022 1:45 AM

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

Comments

JoeChampion

⋅ Jul 27, 2022 11:13 AM

Excellent