Nzd/Jpy Sell Idea
Nzd/Jpy made this huge high on the daily time frame.
Im looking at the Hour 4 Chart and I see a bunch of swings all together in a range.
I believe this mess is a correction after the swing high!!
So now Im going to try to sell...
The current Resistance area on the day chart is from 96.600 to 96.800
The stop loss should be a little higher than this...
So this idea is based upon "support and resistance" ...
The Correction has been identified on the Hour 4 time frame...
So your basically waiting for a sell signal to sell...
Wait for bearish movement and enter the trade with your entry indicators.
Good Luck
Im looking at the Hour 4 Chart and I see a bunch of swings all together in a range.
I believe this mess is a correction after the swing high!!
So now Im going to try to sell...
The current Resistance area on the day chart is from 96.600 to 96.800
The stop loss should be a little higher than this...
So this idea is based upon "support and resistance" ...
The Correction has been identified on the Hour 4 time frame...
So your basically waiting for a sell signal to sell...
Wait for bearish movement and enter the trade with your entry indicators.
Good Luck
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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.
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.