GBPNZD : Under Major Resistance

2020-02-12 05:15:31

Hello Traders.
First of all , if you think this analysis is useful to you,
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Let's start :

The US Dollar Index has been rising for the full 107 weeks :

https://www.tradingview.com/x/ztFRwz5o

Terminal Status in these 107 weeks:

https://www.tradingview.com/x/RDUBLzTp

Looking at the terminal situations, the drop in the New Zealand Dollar resulted in less negative COT Positions.
What we need to pay attention here is that England writes its own story after the elections and is not as fragile as the European Region.
That's why I chose small Position Sizes.

Parameters :


Position Size : %0.33


Current Risk/Reward Ratio : 1/2.17


Stop-Loss : 2.03940


Goal : 1.98542


NOTE:

There may be opportunities for more valuable Risk / Reward ratios in upward movements.
If i catch , idea will updated with screenshots of last signal and stop-loss status.
My own methods have not gone into the exact sell state. (SL)
So let's dont hurry up but must follow regularly.

Regards.