GBPNZD Easy Long Easy Life

Hello traders,

This is a small opportunity I am looking at currently. What I like about this trade, is that the move can continue up for the bigger one (refer to gbp/nzd in related ideas). It doesn't have to come back down to complete The bigger flat pattern if the B wave we have right now in this flag is finished!!

Take the trade and manage it. If it rockets past your TP, don't close it, just move your stops to guarantee profit.

Trade setup:
1.92784 - SO
1.93701 - TP
1.92149 - SL


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Thank you,
Good luck

Comment:

We got tagged! I will be updating the chart on how to manage. For now all is fine.

Comment:

I think we are going to be making a WXYXZ pattern which means we will get 1 more down move!
I am looking to close the trade as soon as it gets close to my break even!

Trade closed manually:

I think we are getting more downward movement before the bigger up move so i'm closing here because I may not get a chance to get break even.

Comment:

Hopefully you guys cut your losses small with me XD

I am still looking for the bigger up move on this pair, we just need to wait for another setup. I will keep you posted.