GBPNZD H1 24 September 2014 +247 pips

1. Strong background

2. Low volume test bar near trendline. Test bar: a low spread (High – Low) bar, with a lower low than the previous bar and which closes on the highs.

3. Trailing stop a few ATRs (average true ranges) below the highest bar. +247 pips

 Analytical Trader