FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Taking a short trade after a bearish engulfing candle supported by macd divergence with 0.7155 and 0.7060 as profit targets.
Comment: NZDUSD reached 0.7155 , closed half of my position. Remaining half i will let it ride with stop at break even.
Trade closed: target reached: Closed the last half position on this trade because i dont like how it is developing.
Hey tonz what does that mean '' i will let it ride with stop at break even.'' Thank you :)
tonz_of_gunz Anthony12
It means that i will let trade run free until i find a good reason to close it because it can have even a bigger potential profit that i initially thought(go down even more than 0.7060).If it doesnt happen i have nothing to lose anyway but long term i think i can get more profits this way:).
+1 Reply
I published an almost identical chart as this! We certainly are in agreement
tonz_of_gunz OutsideTheBoxHK
Yeah i saw it with that possible H&S play, nice one!
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