Paul_K

NZDJPY - Breakout Continuation

Short
Paul_K Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hi traders,

there is nice BO continuation on NZDJPY.

The pair has reversed nicely and broken down. After creating some minor congestion at minor SR area there is another BO DOWN.

I will let you know.

Paul K.
Comment:
3 long-trend bars. But only smal ones. Still valid trade, but I am carefully watching the strenght of the next bar.
Trade closed manually:
Closing the trade on 2/3 initial SL.
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.