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TheForexSamurai
Feb 8, 2018 10:34 AM

A simple S/R trade setup - CRT for short Short

British Pound/New Zealand DollarFXCM

Description

Hi we have a catalyst for today that will affect the GBP market. We will see if market could give us a CRT trade opportunity for a short/sell.

A fibonacci 61.8% ret confluence with a potential s/r zone for a potential target 1.

Disclaimer:
Caveat, trade at your own risk. Trades are subject to be at risk and money manage with different objective as yours. I will not be held responsible for any losses that occur in your account. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading the Financial Market.

Comment

Target 1 and 2 was hit if you have taken this setup. Reaction obviously a S/R zone.
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