InsideMarket

GBPNZD - On the money before potential downside move.

Short
FX:GBPNZD   British Pound / New Zealand Dollar
This is my attempt to short seeking 385 pips before the break of the major support of the current consolidation.

Check my trade plan this "first act" short position:

My subscribers will receive all the rules to engage the "second act" of the short position to catch the potential downward move, if it is likely to happen.

Happy days!

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Trade closed: target reached: Not bad! I will try to short again if possible.
Comment: Shorted again.

Comments

Nothing really to do with your idea but as an interesting aside I took and caught most of that short because the GN had 9 bull bar run on the daily, something that hadn't happened in 15 years. A very rare trade but with that edge impossible to resist. Are you saying here that you believe the GN will fall considerably lower in your opinion?
+1 Reply
InsideMarket CromerKing
If the wave structure is broken, it is very likely in my opinion.
Reply
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