๐ฅ NEW: GBPNZD ๐ฅ COUNTERTREND ๐ฅ
โ ๏ธ A countertrend trade is a trade that is made against the prevailing trend. This means that the trader is betting that the trend will reverse and that the price will move in the opposite direction of the trend identified by P2P INDi Curve Analysis. countertrend trading can be a very profitable strategy, but it is also more risky than trend following.
-SL @ 2.0930 ๐ซ
SLO @ 2.0845 โณ
SSO @ 2.0725 โณ
TP1 @ 2.0525 (shaving 25%)[i/]
TP2 @ 2.0350 (shaving 25%)[i/]
TP3 @ 2.0215 (shaving 25%)[i/]
TP4 @ 2.0000 (closing ALL Sell Orders)[i/]
Let's try this AGAIN, now that momentum is indicating price action is in overbought territory. That's great news for shorting this pair.
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-SL @ 2.0930 ๐ซ
SLO @ 2.0845 โณ
SSO @ 2.0725 โณ
TP1 @ 2.0525 (shaving 25%)[i/]
TP2 @ 2.0350 (shaving 25%)[i/]
TP3 @ 2.0215 (shaving 25%)[i/]
TP4 @ 2.0000 (closing ALL Sell Orders)[i/]
Let's try this AGAIN, now that momentum is indicating price action is in overbought territory. That's great news for shorting this pair.
WE ARE A COMMUNITY
BOOST a trade idea to share with others and "pay it forward"
FOLLOW to receive alerts of any new posted ideas
COMMENT with questions, insight, and expertise
JOIN our group chat: receive free analyses on any instrument
Professor C. E. Ward
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