jayabedin

GBPNZD Short. Markert has reached daily trend.

Short
FX:GBPNZD   British Pound / New Zealand Dollar
The market has reached the daily trend line and placed an engulfing candle. We could see a sell for gbpnzd
Comment: TP 200 pips. (Long term target)
Comment: GBP decided to go the other way. After it closed above the line we couldve tried and capture the breakout. :(
Comment: If you were to set multiple trades with multiple tps such as 50 then you wouldve hit tp and be stopped out. I believe this is the way to go with these trades:)