NZDJPY - 5 Reasons For A Daytrade Sell!
Updated
Sell #NZDJPY Plan
First Entry was at 77.46
Second Entry is pending order at 77.58
Stop is at 77.85
Target is at 77.00
I have 5 reasons to sell NZDJPY for a daytrade.
1. Currency Strength Meter JPY is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 77.46
Second Entry is pending order at 77.58
Stop is at 77.85
Target is at 77.00
I have 5 reasons to sell NZDJPY for a daytrade.
1. Currency Strength Meter JPY is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Trade closed: target reached
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