TradingView
AkashGaur
May 30, 2016 3:59 AM

gbpnzd mutliple fib confluence Short

British Pound/New Zealand DollarFXCM

Description

Hello traders have a very long term swing trade on the pair. Have mutliple fib confluences right at the structure level. Also have a trendline which however is not the best but still seems to be respected. We also have some sort of a divergence on the macd which can be seen on the chart. This is a very long term swing trade and very positions should be thought of carefully since the stop loss is pretty huge but so is the take profit levels.

Comment

300+ pips up sl moved to breakeven

Comment

1500+ pips in profit. Half position closed

Comment

2520+ pips in profit trade closed
More