NZDJPY - SHORT; This is likely over-stretched here. SELL it!

By Nemo_Confidat
Updated
It is definitely worth a try, here.
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This, however, is a still a longer term Long...
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... till at least mid 2021. (Then watch out below!!)
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Lowering our Stops!
Trade closed: target reached
This is a good spot to take profit on 1/2 the position, for +115 pips.
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For the other half of the position ("runners") set a 25 pip running stop.
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... 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!
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This is the ...
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... thew most likely scenario, here.
Trade closed: target reached
FLAT; +100 pips
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Trade active
SHORT
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Trade active
SHORT
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Trade active
SHORT
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Look for SHORT Entries here! SELL it hard!!
Trade active
SHORT
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Harmonic PatternsNZDJPYnzdjpysellnzdjpysellsignalnzdjpysetupnzdjpysignalnzdjypshortTrend Analysis
Nemo_Confidat

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