stephane
Private, 1st Class
- Messages
- 114
GBPNZD is a wild beast with a 330 pips daily range, and usually quite a large spread/commission. It is not easy to trade.
It has broken down the H4 200 SMA currently around 2,41. A 61,8 fib line is also located there.
I will watch for a confirmation of the break down on H4 to enter short. My take profit will be around 2,38, that is slightly above the H4 0,786 fibo support.
It has broken down the H4 200 SMA currently around 2,41. A 61,8 fib line is also located there.
I will watch for a confirmation of the break down on H4 to enter short. My take profit will be around 2,38, that is slightly above the H4 0,786 fibo support.
