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TradeTrio
Nov 24, 2021 7:38 AM

NZDJPY | EXPECT SOME BOUNCE Long

NZD/JPYOANDA

Description

NZDJPY after making a swing high of 82.517, is trading in a bull flag/pennant pattern.
If 79.400 area is broken it will fall more sharply.

Two plans to look into;
Plan 1
Buy at 79.400 - 79.300
SL: 79.200
TP: 80.170

Plan 2
Sell at: 79.200
SL: 79.450
TP: 78.380



Trade closed: target reached

Plan 2
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