Claybowl
Short

GBPNZD Going Fishing for Low Volume Nodes

FX:GBPNZD   British Pound / New Zealand Dollar
We've been trading in previous days range for quite a while. It's likely price will pop out and explore above, or below.

My analysis seems to imply below. If so, we have a pretty sweet short opportunity for about 80 pips (from where I'm entering, which is now). Take profit at or barely above low volume node @ 1.93530.

Long position from there? Possibly.. haven't looked into it yet.

Good luck!
Mar 01
Trade closed: target reached: Crushed target in 1 hour and 30 minutes! Great trade!

Comments

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