How To Set Stop Losses On Forex Rallies + Trade Plans GN

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GBPNZD has rallied continuously, breaking levels amid a dovish RBNZ rhetoric.

Still no real desperate GBP long bias VS NZD, but sentiment can always change and extend rallies.

You can either hedge, or use stops.

Regardless, you have to do it appropriately and consider where levels exist and what could come beyond them going forward.
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Price still rising to next level as mentioned. Stalls occuring, I would imagine you will get another of reasonable weight PRE 2.23 area.
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Re-watch and study, understand potential for extremes (See higher levels) on Sentiment (weakness in Antipodeans)>

snapshot
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Kill all shorts.

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Exit longs for gains ^

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