AGold54

GBPNZD SS Short + 75 Pip Potential

Short
AGold54 Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
Price is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = close below 1.8858
Stop = ??
Risk = 25 pips
Profit target = 1.8780
Reward = 75 Pips
RRR = 3-1

If you like the idea, please push like and follow me, it motivates me to post ideas more often.
And if you have your own ideas about the market at the moment, share them in the comments, I will be glad to see it.
Have a great week!
Allen
Trade active:
This Trade has been triggered and is now Active :)
Trade active:
Just to update the Parameters
entry was 1.8855
Stop = 1.8880
Risk = 25 pips
Profit target = 1.8780
Trade active:
This Trade is up +30 Pips. I will take 1/3 of my position off and move the stop to flat.
Trade closed manually:
Closing the remainder of my position here +5 Pips
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.