ElyaStein

GBPNZD Is At The Down Trend Line BackSide of The Broken Up TL

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OANDA:GBPNZD   Paun British / Dolar New Zealand
We Have GBPNZD Sitting At The Backside Of The Broken Up Trend Line Right Near The Down Trend Line,
The Market Is Already Making Lower Lows And Lower Highs,
The Market Already Broke The Counter Trendline In The Sell Zone And Now Its At The Backside of It.

If You Take A Look At The Daily You Will Also Find That The Daily Had Recently Formed A Double Top Which Makes The Bearish Direction Stronger.

I Will Take My First Profit At The Green Line At The Daily Missed Target.
Dagangan ditutup secara manual:
Although this might still be a good short trade overall, im going to look to close out this trade at the next pull back, since the market broke out above the down trend line and made some higher highs, im no longer looking to short this trade until it can prove to me again a bearish confirmation, a crown or some other formation
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