GBPNZD - Fasten your seat belts for a drop!
On a daily Chart.
As you can see, I made it clear regarding the Entry point, Take Profit and Stop Loss. (For those who are curious!)
* The Price is obeying the trendline. (So far)
* In terms of the price action, it looks like that the price will continue toward the downtrend and the next Support level.
* Looks like the price is trying to break the Support by constantly, bouncing on the level.
* The MACD is looking bearish with the MAs are pointing down and widely away from each other and the volume being in the red area.
As always, Keep your Risks under control. I personally don't risk more than 3%. Better safe than sorry.
Please Be patient.
Love,
@TheMrGrateful :)
P. S. Have hope and trust in your system and believe you can be better and will be better. It just a matter of time! Keep in mind even the professionals make mistakes and they all started from somewhere. The key here is consistency. It's okay to be wrong, but It's not okay to stop!
As you can see, I made it clear regarding the Entry point, Take Profit and Stop Loss. (For those who are curious!)
* The Price is obeying the trendline. (So far)
* In terms of the price action, it looks like that the price will continue toward the downtrend and the next Support level.
* Looks like the price is trying to break the Support by constantly, bouncing on the level.
* The MACD is looking bearish with the MAs are pointing down and widely away from each other and the volume being in the red area.
As always, Keep your Risks under control. I personally don't risk more than 3%. Better safe than sorry.
Please Be patient.
Love,
@TheMrGrateful :)
P. S. Have hope and trust in your system and believe you can be better and will be better. It just a matter of time! Keep in mind even the professionals make mistakes and they all started from somewhere. The key here is consistency. It's okay to be wrong, but It's not okay to stop!
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