I chose of going short on EURNZD yesterday 13.05.21, as you see from the image the pair was on a strong upwards trend... I was awaiting a breakout of a different course of direction and then a pullback to 1.68600 before looking at an entry on going short.
I then looked at the chart this morning and could already see that I was slightly late for the entry at 1.68600 so I placed it around 1.68400 and then let the trade run its course until I closed 45 pips with SL to entry and let the closed the trade at 84 pips profit banked overall.
Please let me know your thoughts on this setup.
I then looked at the chart this morning and could already see that I was slightly late for the entry at 1.68600 so I placed it around 1.68400 and then let the trade run its course until I closed 45 pips with SL to entry and let the closed the trade at 84 pips profit banked overall.
Please let me know your thoughts on this setup.