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jayabedin
Dec 13, 2018 1:41 AM

GBPNZD Short. Markert has reached daily trend. Short

British Pound/New Zealand DollarFXCM

Description

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:)
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