Capitalgrowthtv

GBPNZD in bearish trend

Short
OANDA:GBPNZD   British Pound / New Zealand Dollar
GBPNZD is forming lower highs (LH) and lower lows (LL). According to Dow Theory, this suggests that the price may continue moving lower.
"Remember to always follow the risk-reward ratio and allocate only 0.5% to a maximum of 1% of your portfolio per trade."
Trade closed: target reached
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