GBPNZD - Bearish continuation after 50% retracement

8 дек. 2016 г.

The GBPNZD 50% retracement from the last major move appears to be holding. Indicators are suggesting oversold values and weakening bullish pressure. The red rectangle is the projection based on the 50% retracement.

A pending sell order has been place a few pips below today's low at 1.748. SL is safely above the highs of this retracement.

GBPNZD likes to make big moves so be ready for a roller coaster ride.

9 дек. 2016 г.

Заметка

GBPNZD came very close to triggering the sell order by missed and made a small move higher. The setup is still valid but the trade will not take place until next week.

13 дек. 2016 г.

Заметка

Still waiting

27 дек. 2016 г.

Заметка

Still waiting . . .

9 янв. 2017 г.

Сделка активна

Price finally triggered the entry about a month later than anticipated. Nevertheless, it finally happened and is curently up a couple hundred pips.

SL adjustment: 1.7530

10 янв. 2017 г.

Заметка

SL adjustment: 1.747

11 янв. 2017 г.

Сделка закрыта: достигнута стоп-лосс цена