VishnuVg52 days ago

GBPNZD

SHORT

Propulsion Trade - Strong NZD, Weak Pound

Propulsion Trade NZD is looking strong Pound is looking weaker compared to NZD The 50% and 0% levels looks decent to me. Moving averages nicely fanned out downwards on the 1h and the 4h is slowly fanning down as well. A little more than a 2xATR pullback Great RR, a 145 pip Tp and a 75 pip SL Looks decent to me, Slightly bigger trade and the TP is lower than the yearly lows, might be tricky, maybe i will look to close to trade if i achieve some decent pips, the levels were adjusted to come close to a 2XATR pullback Do not trade blindly if it doesn't meet your trading strategy/rules. Comments/suggestions/criticism welcome.

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