Instrument:- GBPNZD
Position:- Long
Timeframe:- 1 Hour
Method:- Dow Theory + Candlesticks
Reason:-
Multiple bullish candlesticks ( Candlestick analysis)
Price in Uptrend with Multiple Higher highs and Higher Lows with no break in the uptrend (Dow theory)
Entry @ CMP (1.952)
Take Profit @ 1.96193
Stop loss @ 1.94880
RR:- 2:1
Position:- Long
Timeframe:- 1 Hour
Method:- Dow Theory + Candlesticks
Reason:-
Multiple bullish candlesticks ( Candlestick analysis)
Price in Uptrend with Multiple Higher highs and Higher Lows with no break in the uptrend (Dow theory)
Entry @ CMP (1.952)
Take Profit @ 1.96193
Stop loss @ 1.94880
RR:- 2:1
交易結束：達到停損點
Stop loss touched and trade was liquidated.Learning Outcome:-
Do not place stop loss to close to the HL levels.
Take a macro view of the market and then place SL.
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