So far my best trade was going long GBP/NZD and even though the trend was well mature and one may think it was oversold I still saw the possibility of another marginal new high above Monday's high near the 2.1600 level. The momentum was still strong and the pattern was there for the upward trend to continue so I give it a shoot. My entry was based on the minor support level from 1h intraday chart.

Before this trade I was in a 30% DD but with this trade I've managed to bring my account back in profits and now I'm up 50% which gives me hope that if I'm patience enough to wait only for those opportunities that are based on my rule I can do better in the contest.
Figure 1. GBP/NZD 1h Chart



Best Regards,
Daytrader21
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