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TheForexSamurai
Mar 9, 2021 7:05 AM

D1 - CRT Short/Sell trade opportunity and somehow hedge trade... Short

New Zealand Dollar/U.S. DollarFXCM

Description

D1 - CRT Short/Sell trade opportunity and somehow a hedge trade on the USD particularly on my EURUSD and/or GOLD (XAUUSD) long trades. See the Link to Related Ideas to know more about the other setups...

The market setup, entry, SL, TP, and POR as seen in the chart. Good luck and TAYOR!

Abbreviations / Keywords:

LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio


Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose. Do your own due diligence.
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