GBPNZD Long: Buying on Break of Resistance

29 авг. 2017 г.

GBPNZD is in a strong support zone on a higher TF. I'm buying when resistance is pierced on the risk that this higher TF candle will close higher and send the pair toward target line. The R/R is high enough for me to take this risk. Manage your risk first, it is the most important component of trading.

29 авг. 2017 г.

Сделка активна

Here is the 1m candle breakdown:

29 авг. 2017 г.

Сделка закрыта вручную

Closing this one at a small 9 pip profit. We did not get the follow through I was looking for in order to reach target. Cheers