Well what do we got here?
Our bounce strategy hit SL
so...
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > @bizlus #ff
Our bounce strategy hit SL
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > @bizlus #ff
Comment:
Near miss on the exact entrym but good luck to anyone who entered around NZD 1.94297
Trade closed: stop reached:
And BAT failed as well.
@ikhwanhafidz, wh
@ikhwanhafidz, wh
Comment:
And BAT failed as well.
@ikhwanhafidz mentioned NZD retail sales data, maybe that strengthened the NZD
@ikhwanhafidz mentioned NZD retail sales data, maybe that strengthened the NZD