SamuelForexTrader

GBPNZD Weekly M formation

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
On the monthly, we are trading in bullish area.

Weekly, we have a M formation (my Target)

Daily, if we come back on bullish structure I will wait the break and retest.
Comment:
Let's see if we get any pullback
Trade active
Comment:
we are currently retesting structure let's see if we have a push higher
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This is my real trading setup I entered at the rejection Daily candle, for now its not looking good let's see if we manage to push higher during London Session
Trade closed: stop reached
Comment:
This trade didn't play out. You have to always risk nothing more than 1%
Trading is all about probability

No trader can win every trade
Comment:
As you can see the trade setup that I took a loss. But trading is all about keep the loss SMALL and the win BIG.

Also, you can see the next plan

Comment:
Comment:
no entry signal yet
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In my instagram BIO you have everything to become a profitable trader

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