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arktikphoenix

NZDJPY ANALYSIS 6/4/18 10:30 AM SELL SIGNAL

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
arktikphoenix Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Fibonacci
1
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trendanalysis supportandresistance fibonacci
THE MARKET IS IN A SHORT TERM UP TREND. HOWEVER THE LONG TERM TREND IS TO THE DOWN SIDE AND PRICES ARE REJECTING OFF THE CURRENT LEVEL. Stochastics are pointing to the downside as well. SO thats why i said it was sell.
Comment:
Move stop loss to entry to make this trade risk free. So far we are 19 pips in profit. if you used a lot size more than 0.01 go ahead and close half your order, to solidify some profit.
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