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Jiraiya_eth
Mar 2, 2021 9:16 AM

GBPNZD - Short Short

British Pound/New Zealand DollarFXCM

Description

Goood morning ladies & gents,

This trade is a hedge against GBPUSD seeing more weakness. GN has created a Bearish market structure from yesterday where price trapped through Friday's Highs. Price has created a BMS structure followed by a retracement back to the H4 Bearish OB. Looking to sell from here down to the 2nd level of SSL.

I'll be looking to take some partial profits around 1.903 with my final TP @ 1.88650.

Peace and love,

-AmplaFX

Trade closed: stop reached

Very strange price delivery. Unfortunately this one was a loss. -1%.
Comments
Forex_Tycoons_Academy
good work but its look like price will go more higher
Jiraiya_eth
@Forex_Tycoons_Academy, That's a possible outcome but the probability of that happening is relatively low.
deanburtonuk
is that not an inverse head a shoulders I see 👀🤔
Jiraiya_eth
@deanburtonuk, That is what they want you to see! Don't fall for it ^^
WicktatorFX
Nice one. Looks good! 👍🏼
Jiraiya_eth
@Wicktator, Thank you!
AlkalineFX
Coming along nicely
Jiraiya_eth
@AlkalineFX, Indeed!
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