NZDJPY - SHORT; This is likely over-stretched here. SELL it!
It is definitely worth a try, here.
Note
This, however, is a still a longer term Long...... till at least mid 2021. (Then watch out below!!)
Note
Lowering our Stops!
Trade closed: target reached
This is a good spot to take profit on 1/2 the position, for +115 pips.For the other half of the position ("runners") set a 25 pip running stop.
Note
... and since the price is sitting in a PRZ here, one may want to try to catch a reversal, such as: Buy Stop @0.7414 w. 20 pip running Stop; Price Target: >74.45.However, be careful here as they most likely *** will *** Stop Hunt this at 73.75!
Note
This is the ...... thew most likely scenario, here.
Trade closed: target reached
FLAT; +100 pipsTrade active
SHORTTrade active
SHORTTrade active
SHORTLook for SHORT Entries here! SELL it hard!!
Trade active
SHORT
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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.