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VladimirRibakov
Jul 18, 2018 1:35 PM

NZDJPY Sell Idea  Short

New Zealand Dollar/Japanese YenFXCM

Description

D1 - Price reached the first magnet zone, we have a downtrend line above.

Invalidation - If we break above 0.7680, then this setup is invalidated.

H4 (Aggressive plan) - Wait for the price to move lower and break below the uptrend line, look for correction and then sell.

H4 (Conservative plan) - Wait for the price to break below the low at 0.7570, then look for correction and sells.
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