NZDJPY has formed a classical triangle after strong move up. After breakthrough up or down price will continue its movement. So breakthrough up occurred, so it is good sign to wait for pullback end. Good signal buylimit with short stoploss and good potential up.
Trade closed: target reached
good! risk/reward ratio 1x2
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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.