New Signal Short, Sell Stoploss: 1.76850 Target: Open Entry: 1.76474 RIsk: 0.5%
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Seeing no reason to take any profit off of the table with the trade. The pin bar (2nd previous candle) was the ideal exit, however I assume those in the U.S. we're asleep. The previous candle printed a perfect hammer candle stick, the opposite to the inverted hammer the candle before. This can be helpful with the assumption that these candle patterns will continue to be useless on the 1 time frame.
Currently floating +89 pips with 100% of our position open. If the 1-hr descending trendline is broken I will consider taking some profit at that point.
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EUR/NZD Signal Update
Closed 50% at +100 pips.
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+171 pips
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EUR/NZD Signal Update, +168 pips
Still holding 50% of our original position from the 16th of October.