Price broke below trendline and have retested it on H1. A very good short opportunity. Price is below MAs too.
Trade active
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Break and retest visible on H1.
Trade closed: stop reached
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-60 pips
Trade active
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Shorted again @ 1.9450, currently +100 pips. SL shifted to profits, looking at 1.9250 as first target.
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Sorry, this would be a better one. No breakout as of yet. But 1.9450 was a good resistance area to short it and am still holding it. A clean breakout of trendline would see 1.91 very possible in the coming weeks
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Here we have it! A momentum bearish candle breaking trendline! 1.91 could be achievable next week :)
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1.91 achieved! If you shorted @ 1.9450, that's 350 massive pips! If you shorted at breakout, that's 150 pips at least!
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1.91 achieved, breakout and retested perfectly. Now extending its decline!
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New GBPNZD idea here: Seeing some short term upside action before I take another look again