short at 81.29 for target 80.64 (93 pips)i short nzdjpy because i see he try to pass the resistance at 81.30 for many time and fail
he is much overbough
Nzd outperfome all major currencies because of oil,copper and other commodities up
i think he need to take a breath and that commodities will take a breath too
Also all stock are so high and if they start to correct because of much are very overbought it will make traction down on usdjpy
short at 81.29
Target 80.64
gain 93 pips
i will make 2 x 1lot and will close the first at +25-40 pips and the second put a stop loss at +10 pip when i can for secure my gains and be safe
Nzdjpyidea
NZDJPY IdeaPrice is currently sitting within a strong Resistance zone and has already retested 4H Resistance twice after breaking away from previous Bearish trend. I expect price to resume it's Bullish move once it breaks out of the Resistance zones (+4H). A Higher high and higher low is expected to confirm the trend.
Entry Point @ 79.253
Buy NZDJPY Longterm Based on Weekly TF Bullish Harmonic GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Buy NZDJPY Longterm Based on Multi Timeframe Trend ContinuationThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.