GBPNZD provided a beautiful trade set up using our KLS tool. The Key Level system indicator provides us with two key levels multiple times throughout the trading week. Once higher timeframe aligns and parameters are met, then two key levels will appear on your chart automatically.
We achieved a nice 2:1 trade set up with GN for a nice 111 pips profit.
1st key...
GBPUSD ended the week last week in a decline. We see that the ATM indicator called a nice sell. and two new UNTESTED KLS levels have been printed to wait for the retest to continue shorts.
1st key level to look for shorts 1.1 9716 with stops above our second key level.
2nd key level for shorts is 1.19985 with stops above. Will look for a 1:2 risk to reward
We...
KLS Indicator provided us with two key levels to pay attention too for a potential sell. First level is our trigger level at 158.117 and the stop loss is just above our second key level which is our Last opportunity to sell at 158.691.
going for a 2:1 or 1.5:1 depending on market. We also have BoE speech in about 52 min as well as NFP in 2 hours.
Trade safe
