NZDJPY LONG
Clear break and retest of a minute 15 resistance level. There is also rejection at my golden fib zone. Im going long here to target the -27.00 extension as my profit target.
Note
This trade resulted in a breakeven for me. Once I saw the price moving up and hit the 0.00% extension, I put my stop loss at breakeven. Essentially this was a risk-free trade. There just weren't enough buyers here to push this guy up. REMEMBER ALWAYS PUT SL AT BE WHEN 0.00% EXTENSION IS HIT.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.