Hi everyone:
Here is a good opportunity on NZDJPY SHORT.
Enter the SHORT position @ 81.20 as the 4 HR chart makes a lower high then breaks out of the
bearish flag pattern, retesting the 50 EMA and support trend line.
Targeting the daily 50 EMA, 0.382 fib retracement around 79.90 area for a potential 4:1 reward risk ratio.
Thank you for your support.
Trade: #4 (2017)
Date: 01/06/2017
Time: 04:00 GMT
Here is a good opportunity on NZDJPY SHORT.
Enter the SHORT position @ 81.20 as the 4 HR chart makes a lower high then breaks out of the
bearish flag pattern, retesting the 50 EMA and support trend line.
Targeting the daily 50 EMA, 0.382 fib retracement around 79.90 area for a potential 4:1 reward risk ratio.
Thank you for your support.
Trade: #4 (2017)
Date: 01/06/2017
Time: 04:00 GMT
Trade active
Trade closed manually
0.5% Loss. Manually closed down the trade @81.35 area, as the bullish momentum is strong, breaking above 50 EMA
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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.
Related publications
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.