Taguspt

Short NZDUSD with active management

Short
Taguspt Mis à jour   
OANDA:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
Just opened a short position in NZDUSD targeting 0.60 region.
A simple short setup after breakout from triangle pattern and a short-term support level.

As always, in these short-term trade patterns, active management is important. May add to position if price-action is favorable, and adjust SL to break-even after price gets stuck in intermediary support levels (namely 0.6067 area which has some wicks visible in the daily chart).
Trade fermée manuellement:
Close for a small profit of 5%. The price is showing signs of a reversal and will potentially retest the triangle. If price action develops a clear bearish pin bar near the resistance, I may reopen a short position, but preferred to book a small profit for now and go back in if conditions allow. In these short-term trades, active conservative management is always preferable to letting trades run, which is the opposite to long-term, strong long-term setups.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.