(J) Trade 1 : Counter Bias Short

Update 3: Stopped out at break-even
Profit= 0.
Balance= $30,000
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Update 2: Price reached more then 90% of first target, so i moved stop loss to break-even.
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Update 1: Entry was triggered .. Trade is active
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Trade 1: Pending Short EURNZD @ 1.5850
S.L @ 1.5955
T1 1.5690
T2 1.5480

For 30,000 Capital, and 2% risk per trade=$600, Position size = 0.8 lot ( 0.4+0.4)
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Reasoning:
A reactive bounce is likely from potential resistance:

• Main long term descending resistance
  
• Fibonacci retracement 0.786
  
• Previous Swing High
  
• Shooting Star Candle
  

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