Breakout NZD Cash Rate
1)The market was consolidating before the Official Cash Rate Announcement.
2)The market broke out the upper band of the consolidation 3 min before the announcement. I considered it as going for stops. I placed the sell stop order with the SL over "fake breakout".
3)R/R 1:4
_Post factum_
2)The market broke out the upper band of the consolidation 3 min before the announcement. I considered it as going for stops. I placed the sell stop order with the SL over "fake breakout".
3)R/R 1:4
_Post factum_
Сделка закрыта: достигнута стоп-лосс цена