Here is my profit taking strategy based on Fib extension Targets.
It's impossible to perfectly time the top so try take profits on the way and scale out.
The aim is trying to scale out your biggest holdings at higher prices but at least have the majority booked in case the whales pull a fast one.
USD NZD Short idea
Downward trend with H&S now on the 4 hour
Bulls look pretty weak on the MACD
Looked back on this one the weekly range has been well respected for months.
Think Market makers want this one down at the key level for entry long.