FX:GBPNZD   British Pound/New Zealand Dollar
501 5 11
The Bearish Bat has been printed at the top , 2.4 area has been decent resistance for a while and the price has retraced from this area few times. I am afraid to take this trade because of the current bullishness in PA but if it works it can give nice 300-400 pips on this trade. Anyways i m watching the PA closely ,as soon as i see some weakness i will jump into this short trade, If stopped out i will give a try couple of times

Please watch the PA prior to taking the trade. wait for some bearish behaviour
Entry ,sl and tp on chart
I am a Chart Slave.Thank you TradingView and @nmike.
moneymaking
2 years ago
Hey mate, really need to wait for price action to confirm this short. Nothing really bearish on this pair, at least from now. Good luck mate :)
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GcNaif MOD moneymaking
2 years ago
yeah thats very true, in rough words for now we need steel ones to get into short on this one. yeah i will wait ,for now its waiting game or join the race to up
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moneymaking GcNaif
2 years ago
This thing is sky rocketing, can never be sure what's causing this much movement :)
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GcNaif MOD moneymaking
2 years ago
oh man we have chinese release in n hour as well .
Reply
GcNaif MOD
2 years ago
Update: Closed trades on this with 200+ pips
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