080320 NZDJPY Poissible Short Setup
1. Wk down TL respect with inverse hammer 2 weeks ago
2. Day up TL break with MACD down at major supply zone
3. H4 price break up bias structure and turn to down bias
4. Entry position will form potential H&S
Sell Limit
E 71721
S 70661
T 1:2-3 68692/72781
Buy Stop
E 70711
S 71721
T 67683
2. Day up TL break with MACD down at major supply zone
3. H4 price break up bias structure and turn to down bias
4. Entry position will form potential H&S
Sell Limit
E 71721
S 70661
T 1:2-3 68692/72781
Buy Stop
E 70711
S 71721
T 67683
Note
Position UpdateNote
Sell Limit E 70711
S 71721
T 1:1-2 69702/68692
Buy Stop
E71721
S70661
T72781
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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.