GBPNZD - FOREX - 15. JULY. 2019 Long

British Pound/New Zealand DollarFXCM

Description

⋅ Jul 15, 2019 7:20 AM

Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!

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1 HOUR
Bearish price action and pressure.

4 HOUR
Break below previous lows and support zone of short/midterm long holders.

DAILY
Market structure at a strong support zone, expecting some bullish price action now!

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FOREX SETUP
BUY GBPNZD
ENTRY @ 1.87160
SL @ 1.86370 (80 Pips)
TP @ 1.88500 (135 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)

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Have a great week everyone!

ALAN

Trade active

⋅ Jul 15, 2019 7:21 AM

Trade closed: stop reached

⋅ Jul 15, 2019 6:24 PM

Closed with -80 Pips!

Comments

Husain_Arkghazi

⋅ Jul 16, 2019 6:48 AM

nice work guys :) clean and clear

DACapitalTrading

⋅ Jul 16, 2019 8:42 AM

@Husain_Zabir, Thank you!

MannyYarde

⋅ Jul 15, 2019 2:38 PM

GBPNZD is beast when tamed! haha. Nice trade idea. Check my page out, i'm sure you'll find some intriguing trade ideas!

ThulaniMtetwa

⋅ Jul 15, 2019 8:36 AM

In my opinion i think, price will hit the 1.84449 zone before it lines up for a long position

DACapitalTrading

⋅ Jul 15, 2019 9:46 AM

@ThulaniMtetwa, we will see mate thanks for sharing with us!

RufusFx

⋅ Jul 22, 2019 6:08 AM

@ThulaniMtetwa, just bought

ThulaniMtetwa

⋅ Jul 23, 2019 10:09 AM

@RufusFx, I am seeing some exhaustion, hopefully the buyers will assert themselves

damianrattray

⋅ Jul 16, 2019 4:11 PM

Good signal

DACapitalTrading

⋅ Jul 17, 2019 9:43 AM

@damianrattray, Thank you!

Hameedfx

⋅ Jul 16, 2019 10:46 AM

The reason it hit the SL is trading and analysing against the trend. I am sure that you will also comment on my failed trades to let me avoid mistakes in the future.