FX:GBPNZD   British Pound / New Zealand Dollar
58 14 0
Buy limit @ 1.9190
I have put some longs at 1.9180, expanding triangle will be completed around 1.910-20, my SL below your blue area
itaskar itaskar
MACD divergence in 4h, hidden divergence in daily
Where's your stop loss and your target?
itaskar ForceFollower
You did right to put the SL below the low to the left. OK, now as price has hit my first target (1.9174), it may want to retrace a little. I expect it to go to 1.933 now. Then - with me on board - down again to the second target that's probably still waiting to be reached - 1.906.
itaskar ForceFollower
I agree :)
itaskar ForceFollower
iam out for now with 50pips, will wait for short 1.9300-30, or another long at 1.9130 area
I'm glad you made money on this long trade. It seemed a bit scary to me. :-) Now at night I'll be looking to go short again at 1.928 (with a pending order), and if it fails - once again at 1.933.
itaskar ForceFollower
it was good area for a bounce, mostly works good for quick trades, of course it is against trend, so with small amounts :)
I'll be looking to go short again at about 1.933.
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