I'm holding a short position on EURNZD, and the main reason of this trade in the 5 minute time frame was that H1 is also very bearish in my opinion and we may go way lower than my 5Min target, so both 5min and H1 showing bearish set-ups then why not.
Keep in my mind that I sold two positions because its an ongoing trend in the 5minute and because I missed the first wave I doubled my position ( I guess that's what current traders who are short, are doing right now, which is add to their position)
Keep in my mind that I sold two positions because its an ongoing trend in the 5minute and because I missed the first wave I doubled my position ( I guess that's what current traders who are short, are doing right now, which is add to their position)