NZDUSD Sell Opportunity

Rejection on 50% FR, also on the new Lower High structure form , my fav technic to go short when rejection + retest + Lower High

SL 40 pip , TP 0.69 3xRR

Dagangan aktif:

time to move sl to trail stop at entry . Price is moving in our fav

Dagangan aktif:

ok we have now see lower high form, let move trail stop 10 pip above to lock partial profits in case price reverse. 0.7035

Komen:

time to harvest, Profit target revise to 0.6960
(Fib Ext + Elliot Wave) it's 1.5x Ext and 5th Wave count from entry point.
quite a decent profit of 110 pip (close to 4x RR)

if you have huge lots on hand might consider to close just partial here and balance on next level @ 0.69

Dagangan ditutup secara manual:

Elliot Wave 5th Wave done (close manually with 3RR , 90pip)