BenWright21
Short

Possible NZD/USD Short position!!

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.678 - .... and fall to the 0.673. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.673


FX:NZDUSD

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.673
Target 2 @ ....

Risk/Reward @ 2.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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